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MUST SHOW ALL WORK TO GET THUMBS UP. PLEASE TYPE NOT PICTURES FORUM DESCRIPTION YOUR ASSIGNMENT Arnold Tofu owns and operates a chain of 12
MUST SHOW ALL WORK TO GET THUMBS UP. PLEASE TYPE NOT PICTURES
FORUM DESCRIPTION YOUR ASSIGNMENT Arnold Tofu owns and operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana. Sales figures and profits for the stores are in the table below. Sales are given in millions of dollars; profits are in hundreds of thousands of dollars. Store Profits Sales 1 14 6 2 11 3 3 15 5 4 16 5 5 24 15 6 28 18 1) Calculate a regression line for the data. 2) What is your forecast of profit for a store with sales of $22 millionStep by Step Solution
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