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    Linear Regression

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    The following data relate the sales figures of the bar in Marty and Polly Starr's small bed-and-breakfast inn in Marathon, Florida, to the number of guests registered that week:

    Week Guests Bar Sales
    1 16 330
    2 12 270
    3 18 380
    4 14 300

    a) Perform a linear regression that relates bar sales to guests (not to time).
    b) If the forecast is for 20 guests next week, what are the sales expected to be?

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    © BrainMass Inc. brainmass.com May 24, 2023, 1:30 pm ad1c9bdddf
    https://brainmass.com/statistics/linear-regression/linear-regression-analysis-bar-sales-guests-24054

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    The solution performs linear regression analysis.

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