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?
The constant b0 represents an adjustment for the estimated model and not the amount sold when the price is zero.
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Five different graduated payment mortgages are approved by
a. FHA. b. VA. c. CalVet. d. Ginnie Mae.
Which of the following is a statement made by Theodore Levitt about the globalization of world markets?
A. Capitalism is the force that drives the world toward a converging commonality. B. Global corporations consider the world to consist of distinct and unique entities. C. Accustomed differences in national or regional preferences are becoming more significant. D. Multinational corporations are in danger of losing out to small businesses. E. Global markets for standardized consumer products have emerged on a large scale of magnitude.