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Small? bed-and-breakfast inn in? portland

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Reference no: EM132282039

Please I need help with this Forecasting problem:

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

Week Guests Bar Sales

1 16 $340

2 12 $265

3 18 $390

4 14 $300

?a) The simple linear regression equation that relates bar sales to number of guests? (not to? time) is ?(round your responses to one decimal? place):

Bar Sales? = ( ___ ) + (____ ) x guests

?b) If the forecast is 30 guests next? week, the bar sales are expected to be ?$_______ ?(round your response to one decimal? place).

Reference no: EM132282039

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