Question: In the topic Forecasting, how to solve for the linear regression (y-intercept and slope) and what could be the predicted profit of the business if

In the topic Forecasting, how to solve for the linear regression (y-intercept and slope) and what could be the predicted profit of the business if the store measures 3800 ft?

In the topic Forecasting, how to solve for the linear regression (y-intercept

3. Linear Regression Lizzie wants to open a fashion boutique business. Before selecting a location, she would like to be able to predict the prot [in pesos} that the store maybe expected to earn per hundred square feet of selling price. She gathered the following data: 1. Solve for the yintercept and the slope. Form the equation Store Slze {100 5595;?) Prot (P10,000] of the regression line. 35 20 22 15 27. 17 ANSWER: 15 9 23 15 2. Predict the profit of the fashion boutique business when the 12 I" store measures 3800 feet. 40 22 32 23

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