Maurice Tutor

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Teaching Since: May 2017
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 11 Oct 2017 My Price 4.00

Predicting hamburger sales

Predicting hamburger sales A chain restaurant that specializes in selling hamburgers wants to analyze how y = sales for a customer (the total amount spent by a customer on food and drinks, in dollars) depends on the location of the restaurant, which is classified as inner city, suburbia, or at an interstate exit.

a. Construct indicator variables x1 for inner city and x2 for suburbia so you can include location in a regression equation for predicting the sales.

b. For part a, suppose yn = 5.8 - 0.7x1 + 1.2x2. Find the difference between the estimated mean sales in suburbia and at interstate exits.

 

Answers

(5)
Status NEW Posted 11 Oct 2017 12:10 PM My Price 4.00

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