Essay
A manufacturer of Product X has developed a model for predicting monthly sales of their product based on the sales from the same month of the previous year and the forecasted average daily temperature for the month.Using the regression tree below based on a random sample of 30 observations,predict sales for a future where the previous year's monthly sales were $15 million dollars and the forecasted average daily temperature for the month will be 45 degrees.
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$15.4 Million
Monthl...View Answer
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Correct Answer:
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Monthl...
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