Domino's Eco Paper

Making Decisions Based on Demand and Forecasting ECO55 managerial economics & Globalization eye masks pizza pie is considering entering the grocery store in my community. Today I pass on conduct inquiry about the demographics of Huntsville, AL. By conducting a demand psychoanalysis and annunciate for pizza, I go out be able to make a decision whether Dominos should establish a charge in my community. freshman I will identify whatever of the demographics for Huntsville based on census entropy found by dint of the federal presidency census site and the state site as well. separate proteans of this report will include actual cost of pizza and soda. Below I turn in listed every(prenominal) the demographic and variable information: * Population size: 182,956[1], 180,105[2] * Persons per sept: 2.31[1] * Average Income per class: $47,153[1], $54,633[2] * manipulate per large pepperoni pizza (feeds 3-5 people): $12.24[3] * set per soda-2L Coke ©: $2.49[3] * business firms: 73,235[2] Household| Persons/Per household (X)| Price/Meal (Y| ------------------------------------------------- pop off of stool(xi - MeanX)Bottom of Form| (yi - MeanY)| (xi - MeanX)2| (yi - MeanY)2| (xi - MeanX)(yi - MeanY)Bottom of Form| 1| 3| 30.48| 0.694| -2.448| 0.48| 5.

99| -1.698912| 2| 2| 30.48| 2| 30.48| 4.00| 929.03| 60.96| 3| 3.3| 60.96| 3.3| 60.96| 10.89| 3716.12| 201.168| 4| 1.23| 12.24| 1.23| 12.24| 1.51| 149.82| 15.0552| 5| 2| 30.48| 2| 30.48| 4.00| 929.03| 60.96| SUM| 11.53| 164.64 | | | 21| 5729.99| 336| MEAN| 2.31| 32.93|! | | | | | b1: 16 b2: -4.03 Above I have constructed a chart to show sample data of the local anaesthetic demographics. It also provides the data needed for the turnabout equation: y = b0 + b1x or in the case of this analysis the equation will be y = -4.03 + 16x. So as an example set of the equation, the independent variable in this data set is Price per Meal (y). Each...If you want to get a full essay, magnitude it on our website: OrderCustomPaper.com

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