The data below represents international sales versus Canada sales for the McDonalds's Chain Year Canada Sales International Sales 1987 7.6 2.3 1988 7.9 2.6 1989 8.3 2.9 1990 8.6 3.2 1991 8.8 3.7 1992 9.0 4.1 1993 9.4 4.8 1994 10.2 5.7 1995 11.4 7.0 1996 12.1 8.9 Required: Regress McDonald's international sales then answer the questions: a. What is the regression model? b. Interpret your results

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 6E: Urban Travel Times Population of cities and driving times are related, as shown in the accompanying...
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The data below represents international sales versus Canada sales for the McDonalds's Chain.
Year Canada Sales International Sales
1987 7.6 2.3
1988 7.9 2.6
1989 8.3 2.9
1990 8.6 3.2
1991 8.8 3.7
1992 9.0 4.1
1993 9.4 4.8
1994 10.2 5.7
1995 11.4 7.0
1996 12.1 8.9
Required:
Regress McDonald's international sales then answer the questions:
a. What is the regression model?
b. Interpret your results
Type your numeric answerand submit
Transcribed Image Text:The data below represents international sales versus Canada sales for the McDonalds's Chain. Year Canada Sales International Sales 1987 7.6 2.3 1988 7.9 2.6 1989 8.3 2.9 1990 8.6 3.2 1991 8.8 3.7 1992 9.0 4.1 1993 9.4 4.8 1994 10.2 5.7 1995 11.4 7.0 1996 12.1 8.9 Required: Regress McDonald's international sales then answer the questions: a. What is the regression model? b. Interpret your results Type your numeric answerand submit
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