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?

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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