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To estimate the effect of the annual franchise fee (denoted by X) on the start-up cost (denoted by y) of pizza business, an analyst collected
To estimate the effect of the annual franchise fee (denoted by X) on the start-up cost (denoted by y) of pizza business, an analyst collected from a random sample of 11 different pizza franchise. She obtained the following Microsoft excel output from regression using the data. Both X and Y are measured in dollars ($).
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