6th phase of the business strategy formation

You are considering two different locations to place a permanent billboard—one is 4 miles from the store and another is 6 miles from the store Provide your answer to the following questions: 

1. What is the regression equation using data on revenue and distance? 

 

2. Describe how you would use your regression equation to predict how revenues would differ between these two locations, and if so, how? 

Assignment should be at least 500 words in length and submitted as a Microsoft Word document. 

 

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