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Germano SE is a German publicly traded meal-kit company based in Berlin, Germany. It is the largest meal-kit provider in the United States, and also has operations in Canada, Western Europe, New Zealand, Sweden and Australia. The controller of the company uses both internal and extrenal data to project revenues for the upcoming period.
A regression analysis run on a large dataset of historical information has produced the following estimation function:
Sales % Growth = 0.003 intercept + 0.3 x population growth + 0.85 x percentage of lockdown days in a year + 0.78 x proportion female subscribers + 0.98 x inflation rate.
problem 1: What's the approximate estimated Sales % Growth for the upcoming period if there will likely be 30 days out of 365 in lockdown, population is expected to decrease by 0.7%, 65% of subscribers are expected to be female, and the inflation rate is expected to be 1.7%?
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