Question
PART MISSING OF THE 3RD TABLE(Parking spaces) Daily sales= 0.67718086 ?Store area 0.11000474? Parking spaces =1 (Income) ?Daily sales= -0.5502346 ?Store area= -0.2039378 ?Parkingspaces= -0.4470503
PART MISSING OF THE 3RD TABLE(Parking spaces) Daily sales= 0.67718086 ?Store area 0.11000474? Parking spaces =1 (Income) ?Daily sales= -0.5502346 ?Store area= -0.2039378 ?Parkingspaces= -0.4470503 ?Income= 1 FRIDA CONVENIENCE STORES ARE LOCATED THROUGHOUT THE TORONTO METRPOLITAN AREA. FRIDA, THE OWNER WOULD LIKE TO EXPAND INTO OTHER COMIUNITIES. AS PART KF HER PRESENTATION TO THE BANK, SHE WOULD LIKE TO BETTER UNDERSTAND THE FACTORS THAT MAKE A OUTLET PROFITABLE. SHE SELECTS A RANDOM SAMPLE OF 15 MARTS AND RECORDS THE AVERAGE DAILY SALES (Y) the floor space (area) THE NUMBER IF PARKING DPACES AND THE MEDIAN INCOME OF FAMILIES IN EACH REGION. THE SAMPLE INFORMATION IS REPORTED : (PICTURE ATTACHED) ...... QUESTIONS: 1? What is the percentage of variation in Daily sales explained by Store area Parking spaces and Income? ( Answer as a percentage with two decimal places and the % symbol) 2? Determine the regression equation ( Round y -int and coefficients to 2 decimal places) 3? Estimate the daily sales with a Store area of 455, 8 parking spaces and an Income of 50,000 (Format answer as currency with 2 decimal places)
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