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Exhibit 11.22 The Following Questions Use the Data Below

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Exhibit 11.22
The following questions use the data below.
A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data. He wants to use regression and a linear trend model. Exhibit 11.22 The following questions use the data below. A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data. He wants to use regression and a linear trend model. -Refer to Exhibit 11.22. Interpret the R<sup>2</sup> value for your model. Exhibit 11.22 The following questions use the data below. A store wants to predict quarterly sales. The owner has collected 3 years of sales data and wants your help in analyzing the data. He wants to use regression and a linear trend model. -Refer to Exhibit 11.22. Interpret the R<sup>2</sup> value for your model.
-Refer to Exhibit 11.22. Interpret the R2 value for your model.

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The R2 value of 0. 791 means th...

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