Leadership has decided to use linear regression analysis

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Casey Hardware Stores is considering a location for a new store. Examining the profitability of its 20 stores for last year is a step that will help them make this decision. Leadership has decided to use linear regression analysis methods to determine if a linear correlation exists between the profits of its stores and the sales volume of its stores. It is hoped that this information and additional analyses will inform a decision on where to locate a future store.

Reference no: EM133615412

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