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QUESTION

You have developed the following multiple linear regression model for Crusty Pizza Company profits.3 + 3.4*X1 + 5.2*X2 + 2.1*X3, where:

You have developed the following multiple linear regression model for Crusty Pizza Company profits. Y :2.3 + 3.4*X1 + 5.2*X2 + 2.1*X3, where:

Y is in hundreds

X1 is advertising expenditures in hundreds

X2 is student population in thousands, and

X3 is 1 if they deliver and 0 otherwise.

Crusty Pizza is considering a new location with:

Advertising budget of $1,750

Student population of 22,500

location will not offer delivery

What is the expected profit for this store?

A. $178

B. $17,880

c. $1,780

D. $19,216

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