Compute your forecast of profit for a store, Operation Management

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The XYZ Paint Shop owns and operates a dozen shops in northern Illinois. Their signature paint is diamond polished candy apple red lacquer. Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by the regression equation Y = 10.543 + 0.88X. What is your forecast of profit for a store with sales of $30 million? $44 million?

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