Question

Suppose the linear regression line y = 2.009x - 37.131 predicts a pizza a

parlor's profits based on the number of pizzas sold. If x represents the
number of pizzas sold, and y represents the pizza parlor's profits in dollars,
about how much can the pizza parlor expect in profits
if it sells 275 pizzas?

Answer 1

$515.35

Explanation:

y-hat = 2.009x - 37.131

y-hat = 2.009(275) - 37.131

y-hat = 552.475 - 37.131

y-hat = 515.344

Therefore, the pizza parlor can expect a profit of $515.35 if it sells 275 pizzas.