The following regression model has been proposed to predict sales at a fast food outlet.
Y=18000-2000x_(1) 7x_(2) 15000x_(3)
Where
x_(1)
- number of compethons
x_(2)=
population within sne mile
x_(3)=1
Il a dive-up window otherwitse 0
Y=
sales in (1000d) Predict sales for a store with 2 competitors, a population of 10,000 within one mile, and no drive-up window (give the answer in dollars).
$92,000
9107000
$99.000
term none of the stated answers is correct Not saved

Question

The following regression model has been proposed to predict sales at a fast food outlet.

Y=18000-2000x_(1) 7x_(2) 15000x_(3)

Where

x_(1)

- number of compethons

x_(2)=

population within sne mile

x_(3)=1

Il a dive-up window otherwitse 0

Y=

sales in (1000d) Predict sales for a store with 2 competitors, a population of 10,000 within one mile, and no drive-up window (give the answer in dollars).

$92,000

9107000

$99.000

term none of the stated answers is correct Not saved

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