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Given the Following Linear Regression Model of Weekly Sales ($000's)

question 80

Essay

Given the following linear regression model of Weekly sales ($000's) in a fast food restaurant against number of vouchers printed in the local newspaper, interpret the intercept. Does this make sense?
Estimated Sales = 11.5676 + 0.4618.Vouchers


Definitions:

Properties

Characteristics or qualities that something possesses, such as physical, chemical, or biological traits.

Positive Charge

A type of electric charge carried by protons and indicative of a deficiency of electrons.

Proton

A subatomic particle found in the nucleus of an atom, carrying a positive electrical charge.

Atom

The smallest part of an element that contains all the properties of that element.

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