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Please see attached document for the question. thank you The Tasty Sub Shop Case: A business entrepreneur uses simple linear regression analysis to predict the
Please see attached document for the question. thank you
The Tasty Sub Shop Case: A business entrepreneur uses simple linear regression analysis to predict the yearly revenue for a potential restaurant site on the basis of the number of residents living near the site. The entrepreneur then uses the prediction to assess the profitability of the potential restaurant site. And The QHC case: The marketing department at Quality Home Improvement Center (QHIC) uses simple linear regression analysis to predict home upkeep expenditure on the basis of home value. Predictions of home upkeep expenditures are used to help determine which homes should be sent advertising brochures promoting QHlC's products and services. Discuss the difference in the type of prediction in both cases and provide rational of the reasons that these predictions were used. Due Monday Reply to at least two of your classmates. Be constructive and professional in your responses.
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