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    Regression analysis

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    Bingo Hamburger Co has a chain of 12 stores in a large city. Sales figures and profits for the stores are given in the following table. Obtain a regression line for the data & predict profit for a store assuming sales of $10 million.

    X Y
    SALES PROFITS
    $7 $.15
    2 .10
    6 .13
    4 .15
    14 .25
    15 .27
    16 .24
    12 .20
    14 .27
    20 .44
    15 .34
    7 .17

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    https://brainmass.com/statistics/regression-analysis/regression-analysis-169644

    Solution Summary

    Excel file contains estimation of profits at given level sales.

    $2.19

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