Essay
Pop-up coffee vendors have been popular in the city of Adelaide in 2013. A Pop-up coffee vendor is interested in knowing how temperature (in degrees Celsius) and number of different pastries and biscuits offered to customers, impacts daily hot coffee sales revenue (in $00's).
A random sample of 6 days was taken, with the daily hot coffee sales revenue and the corresponding temperature and number of different pastries and biscuits offered on that day, noted.
Excel output for a multiple linear regression is given below: a. Write down the multiple regression model.
b. Interpret the coefficient of Temperature.
c. Interpret the coefficient of Pastries/biscuits.
Correct Answer:

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