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A Rendering Plant Wishes to Use the Data (Sales Records

Question 30

Multiple Choice

A rendering plant wishes to use the data (sales records from a few local businesses and the month of the year) to help determine their supply level for the coming months. The records shown in the table provide an excellent opportunity for you to assist them with their forecasting.
 Month  Sales  Pounds  Tanuary 4554.3 February 5763.8 March 3239.5 April 4449.8 May 5152.3 Tune 3439.9\begin{array} { | c | c | c | } \hline \text { Month } & \text { Sales } & \text { Pounds } \\\hline \text { Tanuary } & 45 & 54.3 \\\hline \text { February } & 57 & 63.8 \\\hline \text { March } & 32 & 39.5 \\\hline \text { April } & 44 & 49.8 \\\hline \text { May } & 51 & 52.3 \\\hline \text { Tune } & 34 & 39.9 \\\hline\end{array}
-Using 1 to represent January, 2 to represent February, and so on, what is the intercept for the regression equation that predicts the pounds of supplies available?


A) 0.55
B) -2.74
C) 59.55
D) 8.87

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