Predictor Coef Ster t -ratio Constant 828 535 45. 5732 18 . 15 LIT 29 . 583 8. 9352 3-LE 9 .913 535 5 R - 59 55. 85% B - sq ( adj ) 50 33 Analysis of...

You work for a company in the marketing department. Your manager has tasked you with forecasting sales by month for the next year. You notice that over the past 12 months sales have consistently gone up in a linear fashion, so you decide to run a regression the company's sales history. If 10 months are sampled and the regression output is given below, report the regression equation.

Question 1 options:

1) 

(sales) = -28.583*(time)

2) 

(time) = -28.583*(sales) + 828.535

3) 

(sales) = -28.583*(time) + 828.535

4) 

(sales) = 828.535*(time) - 28.583

5) 

(time) = 828.535*(sales) - 28.583