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Shelly Siekman Lesson 5.9 - Linear Models
By Chris Cole
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Last updated about 7 years ago
3 questions
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1
A small company is selling a new board game, and they need to know how many to produce in the future.
After 12 months, they sold 4 thousand games; after 18 months, they sold 7 thousand games; and after 36 months, they sold 15 thousand games.
Question 1
1.
Question 2
2.
If so, use the model to estimate the number of games sold after 48 months. If not, explain your reasoning.
Question 3
3.
Below list two key ideas from the lesson:
Could this information be reasonably estimated using a single linear model?
Yes
No