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    Exam 12: Simple Regression Analysis and Correlation
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    A Manager Wants to Predict the Cost (Y)of Travel for Salespeople
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A Manager Wants to Predict the Cost (Y)of Travel for Salespeople

Question 68

Question 68

Multiple Choice

A manager wants to predict the cost (y) of travel for salespeople based on the number of days (x) spent on each sales trip.The following model has been developed: y = $400 + 120x.If a trip took 3 days,the predicted cost of the trip is _____________.


A) 760
B) 360
C) 523
D) 1560
E) 1080

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