The following table gives the number of stores and the amount of sales (in millions of dollars)
Question:
(a) Obtain the least-squares line that fits these data. (Let x represent the number of stores in thousands.)
(b) Use the equation from (a) to estimate the 2013 sales for a pizza chain having 4000 stores.
(c) Use the equation from (a) to estimate the number of stores for a pizza chain whose 2013 sales were 2000 million dollars.
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Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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