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?
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