Arnold tofu owns and operates a chain of 12 vegetable

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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 hundreds of thousands of dollars. Calculate a regression line for the data. What is your forecast of profit for a store with sales of $24 million? $30 million?

Reference no: EM13393806

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Arnold tofu owns and operates a chain of 12 vegetable : arnold tofu owns and operates a chain of 12 vegetable protein hamburger restaurants in northern louisiana. sales

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