Question: A) The simple linear regression equation that relates bar sales to number of guests (not to time) is (round your response to one decimal place):
A) The simple linear regression equation that relates bar sales to number of guests (not to time) is (round your response to one decimal place):
Homework: Chapter 4 Homework Question 27, Problem 4.46- Bookmatch Part 1 of 2 HW Score: 26.76%, 38 of 142 points Points: 0 of 4 Save The following data relate the sales figures of the bar in Mark Kaltenbach's small bed-and-breakfast inn in Portland, to the number of guests registered that week Week Guests Bar Sales 1 16 $330 2 12 $270 3 18 $380 4 14 $300 a) The simple linear regression equation that relates bar sales to number of guests (not to time) is (round your responses to one decimal place) Bar Sales guests
Bar Sales = _____ + _____ x guests
B) If the forecast is 20 guest next week, the bar sales are expected to be $____ (round your response to one decimal place).
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