Question

What would you predict the sales to be on day 60?

Short answer

The predicted sales on day $x=60$will be$\$250,120$$\$250,120$

Step-by-step solution

Given Information

We have to predict the sales to be on day$60$

Explanation

Consider the given equation as written below:

$\hat{y}=101.32+2.48x$

The predicted sales on day $x=60$will be:

$\hat{y}=101.32+(2.48\times 60)$

$=250.12$thousands of dollars

Hence, the predicted sales on day $x=60$will be $\$250,120$