A Retailing Outlet Has Been Keeping Daily Sales Records Over

question 118

Essay

A retailing outlet has been keeping daily sales records over the past four weeks, as shown below. $$\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Week }\\\begin{array} { | l | c c c c | } \hline \text { Day } & 1 & 2 & 3 & 4 \\\hline \text { Monday } & 20 & 25 & 22 & 27 \\\text { Tuesday } & 26 & 30 & 26 & 28 \\\text { Wednesday } & 28 & 29 & 29 & 26 \\\text { Thursday } & 34 & 32 & 34 & 31 \\\text { Friday } & 38 & 35 & 37 & 36 \\\hline\end{array}\end{array}$$ a. Use the regression technique to calculate the linear trend line.
b. Calculate the daily indexes based on the regression trend line in part (a).
c. What do the daily indexes tell us?

---

Definitions:

Multidisciplinary Health Care Teams

Groups of health care professionals from varied specialties working collaboratively to deliver comprehensive patient care.

Nurse Educator

A healthcare professional who specializes in educating and training nurses in academic and clinical settings.

Expert Practitioner

An individual highly skilled and knowledgeable in a particular field, often with extensive experience, recognized for their expertise and ability to excel in their profession.

Policy Procedure Manual

A comprehensive document outlining the specific guidelines, protocols, and standard operating procedures for an organization or institution.