BUSI 652: PREDICTIVE ANALYTICS: WHAT WORKS?

The provided dataset "Franchises Dataset" contains data collected from different 100 franchises. The data contains the net profit (million $) for each franchise, the counter sales (million $), the drive-through sales (million $), the number of customers visiting the business daily, and the type of the franchise.

Q: Which one of the following is the parsimoniouslinear regression model for the net profit?

Select one:

a.Net Profit = 0.405 + 0.160 *Counter Sales

b.Net Profit = 0.304 + 0.088 *Counter Sales + 0.112*Drive-through Sales - 0.514*pizza Vs. Caf + 0.465*Burger Vs. Caf

c.Net Profit = 0.098 + 0.097 *Counter Sales + 0.097*Drive-through Sales +0.251*Store type

d.Net Profit = 0.314 + 0.088 *Counter Sales + 0.113*Drive-through Sales - 0.0001*number of customers - 0.514*pizza Vs. Caf + 0.464*Burger Vs. Caf