(Use the Following Information for the Next Five Problems

question 61

Short Answer

(Use the following information for the next five problems.)
The owner of Koffi, the sole coffee house located in a resort area, wants to develop a forecast based on the relationship between tourism and coffee drinks sold. He has generated the following data over the past 12 months:
The data from using Data Analysis on Excel is as follows:

-What is the forecasted number of coffee drinks sold if the number of tourists is 25 (thousand)?
a. 128
b. 138
c. 148
d. 158
Ans. C

---

Definitions:

Biweekly

Occurring every two weeks.

Dealership

A business authorized to sell a particular manufacturer's products, commonly used in the context of car sales.

Commission Rate

A percentage or fixed amount added to the cost of a transaction or service, typically paid to a salesperson or agent for their services.

Unemployment Benefits

Government payments made to individuals who have lost their job and meet certain eligibility requirements.