Question: For the situation and variables in Exercise 17 16 fit a

For the situation and variables in Exercise 17.16, fit a multiplicative model and use it to estimate the rental revenue for a company with 80,000 cars in service and 2500 rental locations. The underlying data are in file XR17016.
In exercise
Auto Rental News has reported U.S. operations data for 15 top rental-car companies. Using data file XR17016, with y = rental revenue (millions of dollars), x1 = thousands of cars in service, and x2 = number of rental locations:

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  • CreatedSeptember 08, 2015
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