Jane wants to open a fashion boutique business. Before selecting a location, she would like to be able to predict the profit (in pesos) that the store maybe expected to earn per hundred square feet of selling price. She gathered the following data: Store Size (100 sq.ft) Profit (P10,000) 35 20 22 15 27 17 16 9 28 16 12 7 40 22 32 23 Solve for the y-intercept and the slope. Form the equation of the regression line. ANSWER: ______________________ Predict the profit of the fashion boutique business when the store measures 3800 feet. ANSWER: ______________________

Jane wants to open a fashion boutique business. Before selecting a location, she would like to be able to predict the profit (in pesos) that the store maybe expected to earn per hundred square feet of...

Jane wants to open a fashion boutique business. Before selecting a location, she would like to be able to predict the profit (in pesos) that the store maybe expected to earn per hundred square feet of selling price. She gathered the following data:

Store Size (100 sq.ft)	Profit (P10,000)
35	20
22	15
27	17
16	9
28	16
12	7
40	22
32	23

Solve for the y-intercept and the slope. Form the equation of the regression line.

ANSWER: ______________________

Predict the profit of the fashion boutique business when the store measures 3800 feet.

ANSWER: ______________________

Jun 09, 2022

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Jane wants to open a fashion boutique business. Before selecting a location, she would like to be able to predict the profit (in pesos) that the store maybe expected to earn per hundred square feet of...

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