Question: attach the excel sheet Problem 3 DDD owns and operates a chain of 12 restaurants. Sales figures and profits for the stores are in the
attach the excel sheet
Problem 3 DDD owns and operates a chain of 12 restaurants. Sales figures and profits for the stores are in the table below. Calculate 1) a regression line for the data. 2) What is your forecast of profit for a store with sales of $24 million? S30 million? Store Profits Sales [in hundreds of thousands of dollars) [in millions of dollars) 1 14 6 2 11 3 15 5 4 16 "5 5 24 15 6 28 18 17 7 22 12 8 21 15 9 26 20 10 43 14 11 34 5 12 9 WN 3
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