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Being able to predict the daily demand of sandwiches would reduce the amount of discarded food at the end of the day. You and your

Being able to predict the daily demand of sandwiches would reduce the amount of discarded food at the end of the day. You and your team created a theory that high volume days would begin busy and low volume days would begin slow. Since 12 p.m. is your highest volume hour, you decided to compare the 12 p.m. volume with the daily volume to test your theory.

You pulled historical data showing the 12 p.m. volume and the total daily volume.

Please use theRegression Analysis DataUse Excel to run a regression analysis and answer the following questions.

Date 12 p.m. Sales Daily Sales
1-May 130 587
2-May 124 568
3-May 112 507
4-May 130 588
5-May 137 621
6-May 112 501
7-May 141 640
8-May 123 558
9-May 121 544
10-May 112 499
11-May 139 635
12-May 131 591
13-May 134 610
14-May 149 677
15-May 133 606
16-May 115 531
17-May 148 671
18-May 129 597
19-May 155 714
20-May 131 596
21-May 125 567
22-May 125 563
23-May 119 532
24-May 143 649
25-May 132 597
26-May 120 550
27-May 141 633
28-May 114 519
29-May 119 539
30-May 138 628
31-May 147 674
1-Jun 129 591
2-Jun 132 600
3-Jun 150 679
4-Jun 134 616
5-Jun 139 630
6-Jun 105 484
7-Jun 135 609
8-Jun 148 682
9-Jun 124 558

1. What is the R-squared of the Regression Analysis?

2. What is your predicted daily volume if you only have 90 sales at the 12 p.m. hour?

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