Question: solve using excel please Problem 1 Chicken Palace periodically offers carryout five-piece chicken dinners at special prices. Let Y be the number of dinners sold
solve using excel please
Problem 1 Chicken Palace periodically offers carryout five-piece chicken dinners at special prices. Let Y be the number of dinners sold and X be the price. Based on the historical observations and calculations in the following table, determine the regression equation, correlation coefficient, and coefficient of determination. How many dinners can Chicken Palace expect to sell at $5.70 each? What do you think? Observation Price (X) Dinners Sold(Y) 1 2.70 700 3.50 530 2.00 4 4.20 500 3.10 700 4.05 400 7 5.05 w N 2 3 400 5 6 200
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