Let y = sales at a fast food outlet (1000's of $), number of competing outlets within a 1-mile radius, the population within a 1-mile radius (1000's of people), and be an indicator variable that equals 1 if the outlet has a drive-up window and 0 otherwise. Suppose that the true regression model is
a. What is the mean value of sales when the number of competing outlets is 2, there are 8000 people within a 1-mile radius, and outlet has a drive-up window?
b. What is the mean value of sales for an outlet without a drive-up window that has three competing outlets and 5000 people within a 1-mile radius?
c. Interpret
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