Essay
An innovative restaurateur owns and operates a dozen "Ultimate Low-Carb" restaurants in northern Arkansas.His signature item is a cheese-encrusted beef medallion wrapped in lettuce.Sales (x,in millions of dollars)is related to Profits (y-hat,in hundreds of thousands of dollars)by the regression equation y-hat = 8.21 + 0.76 x.What is your forecast of profit for a store with sales of $40 million? $50 million?
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