The following data relate the sales figures of the bar in, Ask an Expert

Management Studies

The following data relate the sales figures of the bar in Mark Kaltenbach's small bed-and-breakfast inn in Port and, to the number of guests registered that week:

WEEK	GUEST	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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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92166550

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