Refer to Table 1: What would you tell the Finance director the predicted forecast of profit is given $180 of sales?

ANOVA

df ss ms f

Regression 1 3819.284138 3819.284 89.89611

Residual 18 764.7395568 42.48553

Total 19 4584.023695

Coefficients Standard Error T-Stat P-value

Intercept -2.350233855 2.219499845 -1.0589 0.303648

Sales 0.061957783 0.006534696 9.481356 2.01E-08

choices

$8.802 Thousand

$3.355 Thousand

$2.220 Thousand

$89.896 Thousand

$62.192 Thousands