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(Solved): The following regression model has been proposed to predict sales at a fast food outlet. Y=18000-200 ...



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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