# Question #2005210: Analysis of Variance (ANOVA)

Question: (25 points) Arnold Tofu owns and operates a chain of 12 vegetable protein “hamburger” restaurants in northern Louisiana. Sales figures and profits for the stores are in the table below. Sales are given in millions of dollars; profits are in hundred of thousands of dollars. Calculate a regression line for the data. What is your forecast (sales is independent variable) of profit for a store with sales of $24 million?$30 million?

 Store Profits Sales 1 14 6 2 11 3 3 15 5 4 16 5 5 24 15 6 28 18 7 22 17 8 21 12 9 26 15 10 43 20 11 34 14 12 9 5

Solution: The solution consists of 228 words (2 pages)
Deliverables: Word Document

0