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thousands) of car seats. The variable ShelveLoc has possible values Good, Medium, and Bad. | thousands) of car seats. The variable ShelveLoc has possible values Good, Medium, and Bad. | ||
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Latest revision as of 23:55, 25 May 2023
You have constructed the following regression tree predicting unit sales (in thousands) of car seats. The variable ShelveLoc has possible values Good, Medium, and Bad.
| Variable | Observed Value |
|---|---|
| ShelveLoc | Good |
| Price | 120 |
| Age | 57 |
| Advertising | 12 |
Determine the predicted unit sales (in thousands) for the above observation based on the regression tree.
- 4.7
- 6.6
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- 9.4
Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.