MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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An amusement park sales director is interested in predicting the number of beverages purchased based on the daily temperature so she can assign staff accordingly. The director already knows that there is a significant relationship between number of beverages purchased and the daily temperature.

1 Should the amusement park sales director use a correlation coefficient or regression to predict the number of beverages purchased from the daily temperature and why?

 

2 What variable would you assign to X and what variable would you assign to Y?


3 What are the terms for the X and Y variables?

 

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