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A compute the coefficients of the regression line

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Reference no: EM13578971

Question: To help determine how many beers to stock the concession manager at Yankee Stadium wanted to know how the temperature affected beer sales. Accordingly, she took a sample of 10 games and recorded the number of beers sold and the temperature in the middle of the game.

Temperature     Beers
80                   20,533
68                    1,439
78                  13,829
79                   21,286
87                  30,985
74                  17,187
86                  30,240
92                   37,596
77                   9,610
84                  28,742

a. Compute the coefficients of the regression line.

b. Interpret the coefficients.

Reference no: EM13578971

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