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

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Definitions:

Theory Of Mind

The capability to understand and attribute various mental states like beliefs, intentions, desires, emotions, and knowledge to both oneself and others, acknowledging the diversity in others' beliefs, desires, and intentions from one's own.

Tease

To make fun of or attempt to provoke in a playful or unkind manner.

Empathize

The ability to understand and share the feelings of another.

Egocentric Child

A developmental stage in children where they perceive, understand, and interpret the world primarily from their own perspective.