Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 3: Q12PE (page 398)

A technique that is useful for screening potential locations for services.

Short Answer

Expert verified

Regression analysis is used for screening potential locations for services.

Step by step solution

01

Regression analysis

The basic definition of regression analysis is a statistical method used to examine the relationship between two or more variables. The core function of this analysis is to identify the interdependency of one variable over the other dependent variable.

02

Use of regression analysis

Regression analysis isastatistical method used to finance, investment, and other fields that try to find or determine the strength and character of the relationship between the dependent and the interdependent variables.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The Toyota Production System is founded on these two philosophies.

Why must lean have a stable schedule?

What lean concept relates to eliminating non–value-added steps and waste in product storage processes?

Many bottled water manufacturers have recently worked with their suppliers to switch over to bottles using much less plastic than before, reducing the amount of plastic that needs to be transported, recycled, and/or disposed of. What sourcing practice is this an example of?

Question:Outline a plan for introducing lean at Quality Parts Company.
See all solutions

Recommended explanations on Business Studies Textbooks

Introduction to Business

Read Explanation

Financial Performance

Read Explanation

Organizational Communication

Read Explanation

Corporate Finance

Read Explanation

Business Operations

Read Explanation

Managers

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free