The following data relate the sales figure of the bar in Mark Kaltenbach's small bed- and -breakfast inn in portland, to the number of guest registered that week: week guests bar sales 1 16 $320 2 12 $265 3 18 $390 4 14 $315 a) the simple linear equation that relates bar sales to the number of guests ( not totime) is (round your response to one decimal place) Bar sales=[__]+[__]X guest
The following data relate the sales figure of the bar in Mark Kaltenbach's small bed- and -breakfast inn in portland, to the number of guest registered that week: week guests bar sales 1 16 $320 2 12 $265 3 18 $390 4 14 $315 a) the simple linear equation that relates bar sales to the number of guests ( not totime) is (round your response to one decimal place) Bar sales=[__]+[__]X guest
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter8: Evolutionary Solver: An Alternative Optimization Procedure
Section8.6: Fitting An S-shaped Curve
Problem 9P
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The following data relate the sales figure of the bar in Mark Kaltenbach's small bed- and -breakfast inn in portland, to the number of guest registered that week:
week guests bar sales
1 16 $320
2 12 $265
3 18 $390
4 14 $315
a) the simple linear equation that relates bar sales to the number of guests ( not totime) is (round your response to one decimal place)
Bar sales=[__]+[__]X guest
Expert Solution
Step 1
Bar Sales = 37.5 + 19.0 Guests
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