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Author Question: How many flights should the airlines provide per day based on the demand? A) 1 B) 2 C) 3 D) ... (Read 120 times)

laurencescou

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on: Jun 24, 2018
How many flights should the airlines provide per day based on the demand?
 
  A) 1
  B) 2
  C) 3
  D) 4

Question 2

The forecaster obtained an estimated equation for the regression of weekly sales of ice cream and the prices during the week. Help the forecaster to interpret the constant b0 for the product brand manager.
 
  What will be an ideal response?


carolinefletcherr

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

The constant b0 represents an adjustment for the estimated model and not the amount sold when the price is zero.


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laurencescou

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Reply #2 on: Jun 24, 2018
Thank you


carolinefletcherr

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Reply #3 on: Jun 24, 2018
No problemo


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