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Compute the coefficients of the regression line

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Reference no: EM13236796

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: EM13236796

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