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Stringham Catering Has Determined the Following Regression Equation to Estimate

Question 80

Essay

Stringham Catering has determined the following regression equation to estimate their costs: Total costs =$4,333 + $2.53 Meals + $37.90 Jobs + $219.87 New Products +
$393.91 New Customers Required:
What are the estimated total costs in a month in where there are: 3,721 meals sold
40 jobs
3 new products
3 new customers

Correct Answer:

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Total costs = $4,333 + ($2.53 ...

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