ECO 550 Week 3 Assignment 1 Making Decisions Based on Demand and Forecasting

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Assignment 1 Making Decisions Based on Demand and Forecasting

Strayer University

ECO 550

The regression equation for this company is Y - - . Based on the numbers I received the solution to the regression equation is . By adding total revenue and possible sales made due to advertising we may be able to get a better outcome.

The intercept, , is the value of dependent variable when all independent variables are equal to zero. Variable 1, , is the expected price charged for pizza by The Pizza Company. Variable 2, , is the expected price charged by competitors. Variable 3, , is the expected cost of advertising. Variable 4, , is the...

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