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![](/images/msword.png)
Deliverables: Word Document
![](/images/msword.png)