Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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The table below contains information on lunchboxes produced by Sonata Plastics, a Toronto  firm. The table displays historical sales statistics over the previous ten years, broken down by firm and industry. Regression analysis should be used to determine the standard error of estimate and the coefficient of determination, and then you should report on the forecast's dependability.

Years
2
3
نیا
5
6
7
8
a
10
Sales
Overall
Volume (y) Industry
in 100's
sales
Volume (x)
in 100's
5
6
8
15
10
2
7
15
12
10
15
10
12
10
15
15
10
11
15
8
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Transcribed Image Text:Years 2 3 نیا 5 6 7 8 a 10 Sales Overall Volume (y) Industry in 100's sales Volume (x) in 100's 5 6 8 15 10 2 7 15 12 10 15 10 12 10 15 15 10 11 15 8
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