(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 approximate slope,b?
Definitions:
Income Protection
An insurance policy that provides financial support to individuals if they are unable to work due to illness or injury, ensuring a continuation of earnings.
Scientific Management
A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity through systematic study.
Mass Production
A manufacturing technique that involves producing large quantities of standardized products, often on assembly lines.
Human Resource Management
The strategic approach to the effective management of people in an organization, focusing on policies and systems to maximize employee performance.
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