Sam, a marketing manager for XYZ big box stores, is trying to determine if there is a relationship between shelf space (in feet) and sales (in hundreds of dollars). To do this, Sam selected the top 12 producing locations. Using the provided Model 1 results, what is the estimated equation on Sales?
A) ^Sales = 10.365 + 0.211shelves + 0.074shelf_space
B) ^Sales = -0.211shelves + 0.074shelf_space
C) ^Sales = 0.211shelves + 0.074shelf_space
D) ^Sales = 0.074shelf_space ÷ (2 × 0.211shelves)

Question

Sam, a marketing manager for XYZ big box stores, is trying to determine if there is a relationship between shelf space (in feet) and sales (in hundreds of dollars). To do this, Sam selected the top 12 producing locations. Using the provided Model 1 results, what is the estimated equation on Sales? 
A) ^Sales = 10.365 + 0.211shelves + 0.074shelf_space 
B) ^Sales = -0.211shelves + 0.074shelf_space 
C) ^Sales = 0.211shelves + 0.074shelf_space 
D) ^Sales = 0.074shelf_space ÷ (2 × 0.211shelves)

Quizplus · Accepted Answer

The Answer of Sam, a marketing manager for XYZ big box stores, is trying to determine if there is a relationship between shelf space (in feet) and sales (in hundreds of dollars). To do this, Sam selected the top 12 producing locations. Using the provided Model 1 results, what is the estimated equation on Sales? 
A) ^Sales = 10.365 + 0.211shelves + 0.074shelf_space 
B) ^Sales = -0.211shelves + 0.074shelf_space 
C) ^Sales = 0.211shelves + 0.074shelf_space 
D) ^Sales = 0.074shelf_space ÷ (2 × 0.211shelves)

Sam, a Marketing Manager for XYZ Big Box Stores, Is