Question: A restaurant can predict its daily sales based on the number of customers it has in a day. Suppose the regression equation is given as
A restaurant can predict its daily sales based on the number of customers it has in a day. Suppose the regression equation is given as y = 310 + 5x, where x is the number of customers in a given day. What will be the restaurant's sales if they have 20 customers in a given day?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
