Reference no: EM137487
Q. Domino's Pizza is considering incoming to the marketplace in your community. Conduct research regarding demand graphics of your society, for example population size as well as average income per domestic as well as additional independent variables, such as cost of pizza as well as cost of soda, for this assignment. By performing a demand analysis as well as forecast for pizza, you will make a decision whether Domino's should establish a presence in your community.
Write a 3-5 page paper in which you:
1.Report demand graphic as well as independent variables that are relevant to absolute a demand analysis providing a rationale for the selection of the variables.
2. Using Excel or other computation software, input the data you collected in criterion on to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination representing how it will influence your decision to open the pizza business. Clarify any additional variables that may improve the coefficient of determination.
3. Test the statistical consequence of the variables as well as the regression equation indicating how it will impact your decision to open the pizza business.
4. Forecast the demand for pizza in your society for the next four months in your society, using the regression equation comprising the assumptions which were used to create the demand. Justify the assumptions made related to the forecast.
5. Based on forecasting demand, establish whether Dominos should create a restaurant in your society. Provide a rational as well as support for the decision.
6. Cite at least 2 different government sources for demand graphic information you collected.
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