Question
A local restaurant assumes a linear relationship between the number of customers severed and. However, COVID19 could impact the assumptions, because if the number of
A local restaurant assumes a linear relationship between the number of customers severed and.
However, COVID19 could impact the assumptions, because if the number of customers
social distancing principles, the customers may leave and not return . the following data
Profit Customers
24 8
37 15
30 11
45 17
52 20
68 26
49 32
Answer the following Questions, and be sure to clearly label or indicate your answers
A) Construct a scatter plot and comment on the perceived linearity of the data
B) Assuming linearity, determine the regression equation
C) Predict profit for 23 customers
D) Calculate the error associated with the first data point (8 customers)
E) What data-informed advice would you give to the restaurant owners?
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