Opening the paper…
Business Analytics, End Term
The p-value of the chi-square goodness of fit test represents _________
The p-value of the chi-square goodness of fit test represents \_\_\_\_\_\_\_\_\_ Swami ji (our beloved course instructor), is not convinced with this model (he is a very adamant perfectionist), and wants to improve the model further. So, he **ADDS** a new variable to the model and the partial excel regression output for this model is provided in Figure-2. Then, | *Regression Statistics* | | |---|---| | Multiple R | 0.948 | | R Square | | | Adjusted R Square | | | Standard Error | | | Observations | 19 | Figure-2 Assume 5 Chai outlets having same resources in terms of budget. But, the outputs are different as mentioned below: | S.No | Sales | Loyal Customers | |---|---|---| | Outlet A | ₹ 1,00,000 | 150 | | Outlet B | ₹ 1,10,000 | 160 | | Outlet C | ₹ 95,000 | 190 | | Outlet D | ₹ 98,000 | 160 | | Outlet E | ₹ 1,01,000 | 185 | Which of the following Chai outlets are efficient?