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Report the demographic and independent variables that are relevant to complete a demand analysis providing a rationale for the selection of the variables. Using Excel input the data you collected in criterion one to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination indicating how it will influence your decision to open the pizza business. Explain any additional variables that may improve the coefficient of determination. Test the statistical significance of the variables and the regression equation indicating how it will impact your decision to open the pizza business. Forecast the demand for pizza in your community for the next four months in your community, using the regression equation including the assumptions that were used to create the demand. Justify the assumptions made related to the forecast. Based on the forecasting demand, determine whether Dominos should establish a restaurant in your community. Provide a rational and support for the decision.
State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
the circumstances under which you need information regarding her preferences to determine which package she should choose.
suppose you are considering growing and selling maize. Illustrate what is the profit maximising out put.
you know that one senator on the Environmental Subcommittee will ask you to justify why the firm should not be charged a per-unit tax on the firm†TM s output to compensate for the pollution it discharges into a major river.
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
Offering group medical coverage to large firms and requiring all employees to participate in the coverage.
At some levels of output Acme's average total costs are less than Generic's, but at some levels of output Generic's average costs are less than Acme's.
What output market with the appropriate starting position and show what effect the contractionary policy would have in the output market.
Which of explanatory variables in regression are statistically significant, Elucidate. How much of total variation in pie sales does regression model elucidate.
Discuss whether each statement is an example of positive economics or normative economics or if it contains elements of both: an increase in the personal income tax will slow the growth rate of the economy.
Illustrate what is the likelihood all four of the selected flights arrive within 15 minutes of the scheduled time.
Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don't have a job? What actions can a person take to increase his or her labor productivity?
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