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Dependent Variable – Annual Demand
Independent Variables: X1 = Average income per person
Tariff on Imports of energy bars
X3 = Number of stores
X4 = Inflation
Each Excel table should be similar in form to the one for the Base Case below but have different figures for the independent variables due to the fact that assumptions will change from case to case.
Example of Excel Table - Base Case
Average Income per person
Tariff on energy bars
Number of stores
Remember to create Excel tables for the for the Worst Case and Best Case scenarios as well.