The high temperature (in degrees Fahrenheit), x, and the ice cream sales (in dollars) for a...

The high temperature (in degrees Fahrenheit), x, and the ice cream sales (in dollars) for a local store, y, are related by the regression line equation y = -392.966 + 8.791x. Find the amount of sales predicted by the model if the high temperature is x = 94°F. Give your answer as a monetary amount rounded to the nearest cent.

Expert Solution

y = -392.966 + 8.791x

x = 94

y = -392.966 + 8.791 * 94 = $433.39 (ans)

orchestra answered 1 year ago

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