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The owner of a chain of fruit shakes stores would like to study the correlation between atmospheric temperature and sales during the summer season. A
The owner of a chain of fruit shakes stores would like to study the correlation between atmospheric temperature and sales during the summer season. A random sample of 12 days is selected with the results given below:
Day 1 2 3 4 5 6 7 8 9 10 11 12
Temp (F) 79 76 78 84 90 83 93 94 97 85 88 82
Total Sales 147 143 147 168 206 155 192 211 209 187 200 150
- Determine the regression equation, plot the regression line and interpret it.
- Find for the sum of squares for error, standard error, coefficient of determination.
- Determine the sales of fruit shakes if the temperature is 95 degrees Fahrenheit.
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