HP 17bII+ User Manual

Page 137

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10: Running Total and Statistics 137

File name : English-M02-1-040308(Print).doc Print data : 2004/3/9

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 

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*

Selects MINUTES as x-list,
SALES as y-list, indicates
current curve-fitting
model, and displays
FRCST menu.



Correlation coefficient for
linear model.


The correlation coefficient calculated above is acceptable to BJ’s. Using
the linear model, estimate what the level of sales would be if the
business purchased 7 minutes of advertising time per week.

7

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

Stores 7 in variable
MINUTES.

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

Forecasts the sales
resulting from 7 minutes of
radio advertising.


How many minutes of advertising should BJ’s buy if it wants to attain
sales of $3,000?

3000

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

The business should buy
about 6 minutes of
advertising for sales of
$3,000.

†

*

If the model named here is not the one you want to use, press

and select the one you want.

†

This result is not the same as it would be if SALES were the independent (x)

variable, and MINUTES were the dependent (y) variable.

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