The food service at a college provides meals for the students Monday-Friday. The manager would like to forecast the sales for the following week to ensure she has enough employees. The accompanying data show the daily sales, in dollars, for the last three weeks. Complete parts a through c below Click the icon to view the sales data table. a. Forecast the food service's sales for each day next week using seasonal dummy variables and a best subsets regression. (Let the first dummy variable be equal to 1 for Tuesday, and so on, following the order of the seasonal categories in the given table.) The forecasted sales for Monday in Week 4 is $ - (Round to the nearest cent as needed.) Sales Data Table Week 1 Week 2 Week 3 Day Sales Day Sales Day Sales Monday $661 Monday $715 Monday $732 Tuesday $563 Tuesday, $561 Tuesday $549 Wednesday $731 Wednesday $742 Wednesday $811 Thursday $541 Thursday $501 Thursday $527 Friday $531 Friday $590 Friday $634 Print Done

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.5: Graphs Of Functions
Problem 81E
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The food service at a college provides meals for the students Monday-Friday. The manager would like to forecast the sales for the following week to ensure she has enough employees. The accompanying data
show the daily sales, in dollars, for the last three weeks. Complete parts a through c below
Click the icon to view the sales data table.
a. Forecast the food service's sales for each day next week using seasonal dummy variables and a best subsets regression. (Let the first dummy variable be equal to 1 for Tuesday, and so on, following the order
of the seasonal categories in the given table.)
The forecasted sales for Monday in Week 4 is $
-
(Round to the nearest cent as needed.)
Sales Data Table
Week 1
Week 2
Week 3
Day
Sales
Day
Sales
Day
Sales
Monday
$661
Monday
$715
Monday
$732
Tuesday
$563
Tuesday,
$561
Tuesday
$549
Wednesday
$731
Wednesday
$742
Wednesday
$811
Thursday
$541
Thursday
$501
Thursday
$527
Friday
$531
Friday
$590
Friday
$634
Print
Done
Transcribed Image Text:The food service at a college provides meals for the students Monday-Friday. The manager would like to forecast the sales for the following week to ensure she has enough employees. The accompanying data show the daily sales, in dollars, for the last three weeks. Complete parts a through c below Click the icon to view the sales data table. a. Forecast the food service's sales for each day next week using seasonal dummy variables and a best subsets regression. (Let the first dummy variable be equal to 1 for Tuesday, and so on, following the order of the seasonal categories in the given table.) The forecasted sales for Monday in Week 4 is $ - (Round to the nearest cent as needed.) Sales Data Table Week 1 Week 2 Week 3 Day Sales Day Sales Day Sales Monday $661 Monday $715 Monday $732 Tuesday $563 Tuesday, $561 Tuesday $549 Wednesday $731 Wednesday $742 Wednesday $811 Thursday $541 Thursday $501 Thursday $527 Friday $531 Friday $590 Friday $634 Print Done
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