Which best describes the analog method and regression analysis?
A) Approaches for using information about the trade area to estimate the potential sales for a store at the location
B) Analyses based on the premise that "birds of a feather flock together"
C) Two ways of analyzing the best lease options
D) Methods that compare the potential of cannibalization
E) Models that compare sustainable competitive advantages of one retailer to another

Question

Quizplus · Accepted Answer

Two approaches for using information about the trade area to estimate the potential sales for a store at the location are (1) regression analysis and (2) the analog method.

Which Best Describes the Analog Method and Regression Analysis