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The Tasty Sub Shop Case

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Respond to the following in a minimum of 175 words:

The Tasty Sub Shop Case:

A business entrepreneur uses simple linear regression analysis to predict the yearly revenue for a potential restaurant site on the basis of the number of residents living near the site. The entrepreneur then uses the prediction to assess the profitability of the potential restaurant site.

And

The QHIC Case:

The marketing department at Quality Home Improvement Center (QHIC) uses simple linear regression analysis to predict home upkeep expenditure on the basis of home value. Predictions of home upkeep

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