Question

(a) Interpret the slope of the fitted regression Number of International Franchises = 247.5 + 1.75 Power Distance Index. The Power Distance Index is a measure on a scale of 0­100 of the wealth gap between the richest and poorest in a country.
(b) What is the prediction for number of international franchises in a country that has a Power Distance Index of 85?
(c) Is this intercept meaningful?


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  • CreatedAugust 19, 2015
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