Final answer:
Using the least-squares regression model, the predicted sales for an electronics retailer on day 60 would be $250,120, and on day 90 would be $324,520.
Step-by-step explanation:
The concept in question involves the use of least-squares regression for making predictions based on historical data.
For exercise 29, using the given model ŷ = 101.32 + 2.48x, to predict the sales on day 60, we substitute x with 60:
ŷ = 101.32 + (2.48 × 60) = 101.32 + 148.8 = 250.12 thousands of dollars. Therefore, the predicted sales would be $250,120.
For exercise 30, to predict the sales on day 90, we again substitute x with 90:
ŷ = 101.32 + (2.48 × 90) = 101.32 + 223.2 = 324.52 thousands of dollars. Therefore, the predicted sales would be $324,520.