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Review question: Imagine you run a higher-end, fast food chain that emphasizes freshness. You rely on various suppliers for everything from paper goods to food products. These same producers sell to other fast food chains and markets. For some items, such as paper goods and dry goods, you have several supplier options. For other items, such as ketchup and soda, getting the name brand matters to your customers. For still others, such as organic produce and meats, you rely on a few select suppliers. What might an analysis of the power of suppliers reveal?
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For regression with categorical dependent variable, the dependent variable is coded as an indicator variable.
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A business decides to close its store early during the holidays and wants to make sure its customers are made aware organically. What should the business create?
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