Explain any additional variables that may improve

Assignment Help Business Economics
Reference no: EM13160170

Report the demographic and independent variables that are relevant to complete a demand analysis providing a rationale for the selection of the variables. Using Excel input the data you collected in criterion one to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination indicating how it will influence your decision to open the pizza business. Explain any additional variables that may improve the coefficient of determination. Test the statistical significance of the variables and the regression equation indicating how it will impact your decision to open the pizza business. Forecast the demand for pizza in your community for the next four months in your community, using the regression equation including the assumptions that were used to create the demand. Justify the assumptions made related to the forecast. Based on the forecasting demand, determine whether Dominos should establish a restaurant in your community. Provide a rational and support for the decision.

Reference no: EM13160170

Questions Cloud

Prepare statement of changes in stockholders equity : Prepare an income statement, a statement of changes in stockholders' equity, a balance sheet, and a statement of cash flows.
A java program that will prompt the user to input a file : Write a Java program that will prompt the user to input a file (document) in order to count the frequency of each word. This program will display the frequency of each word sorted alphabetically or by frequency (depending on the preference of the use..
State solutions of regularly decreasing concentrations : One way to make a set of solutions of regularly decreasing concentrations is to make serial dilutions of the most concentrated one. a. starting with
Maximum amount deduction for contributions : Lyndon, age 24, has a nonworking spouse and earns wages of $36,000. He also received rental income of $5,000 and dividend income of $900 for the year. What is the maximum amount Lyndon can deduct for contributions to his and his wife's individual ..
Explain any additional variables that may improve : Explain any additional variables that may improve the coefficient of determination. Based on the forecasting demand, determine whether Dominos should establish a restaurant in your community. Provide a rational and support for the decision.
What stakeholder interests are in conflict : Besides, she says, net income is negatively impacted by additional depreciation and will cause the company's stock price to go down. What stakeholder interests are in conflict?
Pinacol gives a mixture of pinacolone : Pinacol (2,3-dimethyl 2,3-butanediol) gives a mixture of pinacolone (3,3-dimethyl-2-butanone) and 2,3-dimethyl 1,3-butadiene by treating with acid.
Which is better buying or leasing and by how much : You will have to return the furniture to Cape at the end of ten years (with no compensation). Assuming the annual interest rate of 9%, which option (buying or leasing) is better and by how much?
Preferred and common stockholders receive under assumptions : As of December 31, 2011, it is desired to distribute $488,000 in dividends. Insructions: How much will the preferred and common stockholders receive under the following assumptions:

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd