The Manager of a Fast Food Restaurant Wants to Determine

question 22

Essay

The manager of a fast food restaurant wants to determine how sales in a given week are related to the number of discount vouchers (#) printed in the local newspaper during the week. The number of vouchers and sales ($000s) from 10 randomly selected weeks is given below with Excel regression output. $$\begin{array} { | c | c | } \hline \text { Number of vo uchers } & \text { Sales } \\\hline 4 & 12.8 \\\hline 7 & 15.4 \\\hline 5 & 13.9 \\\hline 3 & 11.2 \\\hline 19 & 18.7 \\\hline 10 & 17.9 \\\hline 8 & 16.8 \\\hline 6 & 15.9 \\\hline 3 & 11.5 \\\hline 5 & 13.9 \\\hline\end{array}$$ Use the regression equation to determine the predicted sales for number of vouchers in the sample,
given, Estimated Sales = 11.5676 + 0.4618.Vouchers

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Definitions:

Nervous System

The nervous system is the part of an organism that coordinates its actions by transmitting signals to and from different parts of its body.

Peripheral

Relating to or situated on the edge or periphery of something, often used to describe outer areas of vision or secondary aspects opposed to primary.

Fight or Flight

A physiological response to perceived threats that prepares the body to either confront or flee from the threat.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for "fight or flight" responses during stressful situations.