Mathematics
Mathematics, 03.06.2021 18:30, dannaasc5475

Business Success Restaurant owners are continually monitoring financial aspects and customer relations of their business. They use collected data to recognize trends, predict outcomes, and plan for the future. In this task, you will play the role of a restaurant owner. You will collect data and analyze different aspects of your business. As you complete the task, keep these questions in mind: Can you predict sales based on factors such as the weather and the number of customers? Can you estimate the amount you will earn in tips on a given day based on the number of customers? Directions: Complete each of the following tasks, reading the directions carefully as you go. You may use a piece of graph paper for this task. Round all decimals to the nearest hundredths place or to the nearest cent for this task. You will be graded on the work you show, or your solution process, in addition to your answers. Make sure to show all of your work and to answer each question as you complete the task. You will be given partial credit based on the work you show and the completeness and accuracy of your explanations. Your teacher will give you further directions on submitting your work. You may be asked to upload the document, e-mail it to your teacher, or hand in a hard copy. Now let’s get started! Step 1: Constructing and analyzing scatterplots You keep track of the daily hot chocolate sales and the outside temperature each day. The data you gathered is shown in the data table below. Hot Chocolate Sales and Outside Temperatures Sales ($) $100 $213 $830 $679 $209 $189 $1,110 $456 $422 $235 $199 Temperature (°F) 92° 88° 54° 62° 85° 16° 52° 65° 68° 89° 91° a) Make a scatterplot of the data above. (2 points) b) Do you notice clusters or outliers in the data? Explain your reasoning. (2 points) That when the temperature is high the sales are low. c) How would you describe the correlation in the data? Explain your reasoning. (2 points) d) What are the independent and dependent variables? (2 points)

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