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9.13 The manager of the Hospitality Inn has developed regression analysis equations for forecasting the hotel's dining room sales volume based on the hotel's anticipated
9.13 The manager of the Hospitality Inn has developed regression analysis equations for forecasting the hotel's dining room sales volume based on the hotel's anticipated guest-night count. The monthly equations (where Y equals the forecast number of meals to be served, and X equals the number of hotel guests) follow: The hotel has 100 rooms. Its occupancy in November is expected to be 70% and its double occupancy rate is 40%. The average meal checks follow: Calculate the dining room's forecast meal period sales, both in number of guests and sales revenue dollars, for the month of November
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