Use the sales model above to answer this question. What are the predicted total sales 12 months from now? Round to the nearest dollar.

A real estate agent has developed a linear model for the price of a house, P, in dollars in terms of the area, A, in square feet for the homes in a certain neighborhood. The data set had areas ranging from 1,000 square feet to 4,500 square feet. Would predicting the prices of a home that is 4,900 square feet be interpolation or extrapolation? Explain.     Using the model to predict the price of a 4,900 square foot home is extrapolation because 4,900 square feet is outside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is interpolation because 4,900 square feet is inside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is extrapolation because 4,900 square feet is inside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is interpolation because 4,900 square feet is outside the range of the areas in the data.

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In regression analysis if a point has leverage then it must also be influential  a true  b false

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Continue monitoring the process. A second ten days of data have been collected, see table labeled “2nd 10 Days of Monitoring Reservation Processing Time” in the Data File. Develop Xbar and R charts for the 2nd 10 days of monitoring. Plot the data for the 2nd 10 days on the Xbar and R charts. Is the reservation process for the 2nd 10 days of monitoring in control?  If the control chart indicates an out-of-control process, note which days, the pattern, and whether it is the Xbar or R chart.   Based on the X-bar and R Charts that you developed for the 2nd 10 days of data, is the process in control?   Group of answer choices No. The X-bar and R Charts are both out of control. No. The X-bar Chart is in control, but the R Chart is out of control. No. The R Chart is in control, but the X-bar Chart is out of control. Yes. The X-bar and R Charts are both in control.