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Category > Economics Posted 05 Jun 2017 My Price 6.00

Multiple Regression 

Multiple Regression 
Evaluate the following situation:
In the North of San Juan there are many restaurants that serve people who like to take their summer vacation near the beach. Juan and María run several of these restaurants and consider moving to the south of the island to open a new one. Before opening they want to study some existing restaurants and the variables that seem related to profitability. For this, they collect information where the reported earnings in thousands of dollars is the dependent variable and the independent ones are:

The number of parking spaces near the restaurant
The number of hours per week that the restaurant will be open per week
The distance between the restaurant and the central square of the city
The number of employees
The number of years the current owner has had the restaurant

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SuperTutor
(15)
Status NEW Posted 05 Jun 2017 07:06 AM My Price 6.00

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