Question: Question 18 3 Points Arnold Tofu owns and operates a chain of hamburger restaurants in northern Louisiana. Sales figures and profits for the stores are

Question 18 3 Points Arnold Tofu owns and
Question 18 3 Points Arnold Tofu owns and operates a chain of "hamburger" restaurants in northern Louisiana. Sales figures and profits for the stores are provided in the table below. Sales are given in millions of dollars; profits are in hundreds of thousands of dollars. Using associative forecasting, calculate a regression line for the data. Profits- 20-- 6 35 -Sales --70 -53 -77 -64 32 1) Using Excel, find the linear regression chart and the line regression equation. (2 Marks) (Attach your solutions) 2) What is your forecast of profit for a store with sales of $94 million? (1 Mark) (Answer in Field) Add your

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