Q an owner of a chain of stores would like to predict, Basic Statistics

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Q an owner of a chain of stores would like to predict

Q. An owner of a chain of stores would like to predict weekly sales based on the number of customers who made a purchase. A random sample of 10 stores were selected. The weekly sales are in thousands of dollars.

What is the slope, y-intercept and the conclusion based from the data.

Customers Weekly Sales
--------- ------------
907 11.20
926 11.05
506 6.84
741 9.21
789 9.42
889 10.08
874 9.45
510 6.73
529 7.24
420 6.12

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Basic Statistics: Q an owner of a chain of stores would like to predict

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Basic Statistics: Q an owner of a chain of stores would like to predict

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Reference No:- TGS0613726

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