The following data relate the sales figures of the bar in Marty and Polly Star’s small bed-and-break


Question:

The following data relate the sales figures of the bar in Marty and Polly Star’s small bed-and-breakfast Inn in Manhattan, Florida, to the number of guests registered that week:

Week Guests Bar Sales
1 16 $330
2 12 270
3 18 380
4 14 300

a.) Perform a linear regression that relates bar sales to guests (not to time).

b.) If the forecast is for 20 guests next week, what are the sales expected to be?

Price: $2.99
See Solution: The answer consists of 2 pages
Deliverables: Word Document

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