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Temperance, Inc

Question 46

Multiple Choice

Temperance, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis: Temperance, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis:   Temperance is now preparing an estimate for monthly sales of 18,000 units. On the basis of the data presented, compute the most accurate sales forecast possible. A)  $159,500. B)  $162,000. C)  $164,900. D)  $167,400. E)  None of the other answers is correct. Temperance is now preparing an estimate for monthly sales of 18,000 units. On the basis of the data presented, compute the most accurate sales forecast possible.


A) $159,500.
B) $162,000.
C) $164,900.
D) $167,400.
E) None of the other answers is correct.

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