nned with an allocated budget of $50,000 per month for advertising and planned average price of $10.00 per pizza. Estimate t

Linear Algebra: A Modern Introduction
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Section4.6: Applications And The Perron-frobenius Theorem
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H3. 1. A new outlet is being planned with an allocated budget of $50,000 per month for advertising and planned average price of $10.00 per pizza. Estimate the monthly sales (number of pizzas) of this outlet.
Outlet_Number Quantity_Sold Average_Price
85,300
40,500
1
2
3
4
5
6
7
8
9
10
11
12 13 14
61,800
50,800
60,600
79,400
71,400
70,700
55,600
70,900
Monthly A Disposabl
dvertising e_Income
Expenditur _per_Hou
sehold
$10.14 $64,800 $42,100
$10.88 $42,800 $38,300
$41,000
$12.33 $58,600
$12.70 $46,500
$43,300
$12.29 $50,700
$44,000
$9.79 $60,100
$41,200
$41,700
$11.26 $55,600
$11.23 $57,900 $43,600
77,200
63,200
71,100
55,500
es
$11.97 $52,100
$39,900
$12.07 $60,700 $44,800
$10.68 $64,400 $41,800
$12.49 $55,600
$44,200
$12.36 $60,900
$40,100
$9.96 $47,200
$39,100
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.953435
R Square
0.909038
Adjusted R 0.893878
Standard E 4289.796
Observatio
15
ANOVA
Regression
Residual
Total
df
SS
MS
1.1E+09
2 2.21E+09
12 2.21E+08 18402340
14 2.43E+09
Transcribed Image Text:Outlet_Number Quantity_Sold Average_Price 85,300 40,500 1 2 3 4 5 6 7 8 9 10 11 12 13 14 61,800 50,800 60,600 79,400 71,400 70,700 55,600 70,900 Monthly A Disposabl dvertising e_Income Expenditur _per_Hou sehold $10.14 $64,800 $42,100 $10.88 $42,800 $38,300 $41,000 $12.33 $58,600 $12.70 $46,500 $43,300 $12.29 $50,700 $44,000 $9.79 $60,100 $41,200 $41,700 $11.26 $55,600 $11.23 $57,900 $43,600 77,200 63,200 71,100 55,500 es $11.97 $52,100 $39,900 $12.07 $60,700 $44,800 $10.68 $64,400 $41,800 $12.49 $55,600 $44,200 $12.36 $60,900 $40,100 $9.96 $47,200 $39,100 SUMMARY OUTPUT Regression Statistics Multiple R 0.953435 R Square 0.909038 Adjusted R 0.893878 Standard E 4289.796 Observatio 15 ANOVA Regression Residual Total df SS MS 1.1E+09 2 2.21E+09 12 2.21E+08 18402340 14 2.43E+09
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