Illustrate what is your forecast of profit for a store

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Reference no: EM1376514

Q. An innovative restaurateur owns also operates a dozen Ultimate Low-Carb restaurants in northern Arkansas. His signature item is a cheese-encrusted beef medallion wrapped in lettuce. Sales (X, in millions of dollars) are related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million and $50 million?

Reference no: EM1376514

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