Question: Mama's Pizza restaurant chain would like to understand which variable most strongly influences the amount of sales of their specialty, deep-dish pizza. They have gathered
Mama's Pizza restaurant chain would like to understand which variable most strongly influences the amount of sales of their specialty, deep-dish pizza. They have gathered data on the number of monthly sales (in 100's) of deep-dish pizzas and the amount spent per month on advertising at 15 of their restaurants. Below are the results of the linear regression to predict the number of monthly sales (in 100's) based on monthly advertising (in $1,000's).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
