Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

lex opened Alex's Pizza Spot near Saint Louis University. To avoid wasting or running out of pizza, Alex wants to track sales from May 1

lex opened "Alex's Pizza Spot" near Saint Louis University. To avoid wasting or
running out of pizza, Alex wants to track sales from May 1 to July 31. Alex needs your
help to create a regression for better predictions. Can you assist him? a) What variable(s) to you recommend that Max use to predict pizza sales? Why?
1. Time only
2. Discount Only
3. Weekend Only
4. Time and Discount
5. Time and Weekend
6. Weekend and Discount
7. Time, Weekends, and Discounts
8. There is not enough data to predict pizza sales
b) Based on the available options, the recommended variables to predict pizza sales
are Time, Weekends, and Discounts. State your final Model!
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Decision Support And Business Intelligence Systems

Authors: David King, Ting Peng Liang

9th Edition

013610729X, 9780136107293

More Books

Students also viewed these General Management questions

Question

5. Give examples of binary thinking.

Answered: 1 week ago