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ECO 550 Assignment 1 Making Decisions Based on Dem
« on: Feb 5th, 2016, 12:51am »		 Quote Quote Modify Modify
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ECO 550 Assignment 1 Making Decisions Based on Demand and Forecasting
 
 

 
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ECO 550 Assignment 1 Making Decisions Based on Demand and Forecasting
 
This archive file contains ECO 550 Assignment 1 Making Decisions Based on Demand and Forecasting
1. Report the  demographic and independent variables that are relevant to complete a  demand analysis providing a rationale for the selection of the  variables.
2. Using Excel or other calculation software, 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.
3. Test the  statistical significance of the variables and the regression equation,  indicating how it will impact your decision to open the pizza business.
4. Forecast the demand for pizza in your community for the next four  (4) months using the regression equation, including the assumptions that  were used to create the demand. Justify the assumptions made related to  the forecast.   5. Based on the forecasting demand, determine whether  Dominos should establish a restaurant in your community
 
 
 
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