Question

When big companies in Canada leveled their management levels (hierarchy) in the 1990s, many middle managers...

When big companies in Canada leveled their management levels (hierarchy) in the 1990s, many middle managers were laid off and set up their own companies or bought franchises. This happened along with the fact that most of the new jobs in Canada were created by small businesses, and entrepreneurship became the national spotlight. The business listed in the following table is one of the fastest growing in the franchise industry.

franchise

Type of Franchise

Number of New Franchises

Blimpie

Food

330

Tower Cleaning

Cleaning

55

CleanNet USA

Cleaning

430

KFC

Food

169

Comprehensive Business Services

Accounting / Consultant

58

Jani-King

Cleaning

451

Coverall Cleaning Concepts

Cleaning

435

McDonald’s

Food

744

Applebee’s

Food

124

Padgett Business Services

Accounting / Consultant

47

Super 8 Motels

Hospitality

181

General Business Services

Accounting / Consultant

44

LedgerPlus

Accounting / Consultant

79

Sonic Drive In

Food

73

Pizza Inn

Food

39

Holiday Inn Worldwide

Hospitality

150

Choice Hotels Int’l

Hospitality

93

Merry Maids

Cleaning

102

Ckeckers Drive-In

Food

45

Question

1.Propose a regression model that allows you to compare the average number of new franchises for the 4 types of franchise (food, cleaning, accounting / consultancy, and hospitality).

2. Determine the variables (dependent and independent) used in the model.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • How can you use Bayes’ theorem in light of new information? In Bayes’ theorem, how does...
    asked 4 minutes ago
  • Which of the following is not one of the four states of a working file? Unchanged,...
    asked 7 minutes ago
  • Assume we have CPU instructions that look like this: load register, address save register, address Where...
    asked 20 minutes ago
  • What is the difference between the following two declarations? char array[] = “Hello World”; char *array...
    asked 35 minutes ago
  • Discuss knowledge and understanding gleaned from The Least Dangerous Assumption and Strategies for Presuming Competence. How...
    asked 36 minutes ago
  • Exercise 13-20 (LO13-3) The owner of Maumee Ford-Volvo wants to study the relationship between the age...
    asked 38 minutes ago
  • Scenario The Department of Administrative Services (DAS) provides a number of services to other departments in...
    asked 46 minutes ago
  • Linear Regressions The number of newly reported crime cases in a county in New York State...
    asked 50 minutes ago
  • Specialty courts have been developed for various categories of crimes and offenders (e.g., mental health, substance...
    asked 55 minutes ago
  • An air-track cart with mass m=0.40kg and speed v0=1.2m/s approaches two other carts that are at...
    asked 55 minutes ago
  • Write a program in C# that reverses a collection and removes elements that are divisible by...
    asked 58 minutes ago
  • A gas pipeline with the thickness of 4mm is to be joint together by using welding...
    asked 1 hour ago