Question: Please go step by step through excel. Trying my best to understand the problem. Problem Statement The west Texas area in the plot above is

Please go step by step through excel. Trying my

Please go step by step through excel. Trying my best to understand the problem.

Problem Statement The west Texas area in the plot above is served by a grocery store in community D. A proposed store with three times the floor space is being considered for location in community C. Assume that monthly expenditures per customer average about $100. Then, using the metropolitan metric for travel and 2 = 2, use the Huff model to estimate the impact on monthly expenditures and market share for the existing store in community D if the proposed store in community C is constructed. Problem Statement The west Texas area in the plot above is served by a grocery store in community D. A proposed store with three times the floor space is being considered for location in community C. Assume that monthly expenditures per customer average about $100. Then, using the metropolitan metric for travel and 2 = 2, use the Huff model to estimate the impact on monthly expenditures and market share for the existing store in community D if the proposed store in community C is constructed

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