When You and Your Partners Opened a Microbrewery and Pub

question 65

Multiple Choice

When you and your partners opened a microbrewery and pub last year, you all agreed that you "had to establish an online presence." You're responsible for maintaining the Facebook and Instagram accounts, and you really have to wonder if all the time and effort you put in is helping your pub reach the right type of customers. Which of the following would indicate that you're on the right track?

• A) Every time you offer a two-for-one microbrew special, you see a big uptick in customers coming through the door.
• B) On average, you get anywhere from 8 to 15 comments on every post.
• C) Nearly all of your posts are shared, sometimes as many as 30 times.
• D) You're averaging about 200 new followers a month on Facebook and Instagram combined.

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Definitions:

Logistic Regression

Logistic regression is a statistical method for analyzing datasets in which there are one or more independent variables that determine an outcome, used especially for predicting binary outcomes.

Odds

A ratio comparing the likelihood of certain events occurring versus them not occurring, often used in gambling and statistics.

Success

The achievement of a set goal or objective, often measured by criteria set by individuals or organizations.

Seed Density

The number of seeds per unit area or volume, which can affect plant growth and crop yield.