Grab” – Malaysian ride sharing service headquartered in Singapore recently taken over the
South-east Asian business of Uber. Grab is currently serving 168 cities of 8 South-east Asian
countries and the details are give
...
Grab” – Malaysian ride sharing service headquartered in Singapore recently taken over the
South-east Asian business of Uber. Grab is currently serving 168 cities of 8 South-east Asian
countries and the details are given below:
Country
Population
(in million)
GDP (PPP)
per capita
(in
thousand)
Monthly
average
cost of
public
transport
Vehicles
for every
10000 ppl
Fuel
cost
per
litter
Rate of
inflation
Number of
monthly
rides
Malaysia 31.19 30.86 46.80 433.00 0.50 0.40 19600.00
Singapore 5.62 98.01 138.00 147.00 1.57 0.50 27300.00
Indonesia 261.12 13.16 15.60 87.00 0.70 2.57 18000.00
Philippines 103.32 9.86 25.80 38.00 1.05 3.80 13500.00
Thailand 68.86 19.13 57.00 226.00 1.11 0.73 16500.00
Vietnam 94.57 7.46 19.20 23.00 0.80 2.64 11400.00
Cambodia 15.76 4.32 42.00 21.00 0.96 3.07 7600.00
Myanmar 52.89 6.58 57.60 20.00 0.55 6.70 9800.00
Grab is seriously considering the three following South Asian countries to expand their
market:BUSINESS RESEARCH METHODS 2
Country
Population
(in million)
GDP (PPP) per
capita (in
thousand)
Monthly
average cost of
public transport
Vehicles for
every 10000
ppl
Fuel
cost
per
litter
Rate of
inflation
Bangladesh 166.37 4.98 21.00 4.00 1.06 5.47
Nepal 29.62 2.84 16.20 5.00 0.97 4.60
Sri Lanka 20.95 13.50 24.00 70.00 0.88 4.00
a. Which country should Grab enter first and why?
b. What is the level of confidence of your answer?BUSINESS RESEARCH METHODS 3
c. How much your independent variables can explain the dependent variable?
d. Which is the most positively and most negatively influencing variable?
e. What is amount of standard deviation here?
Answer to the question No- 1
Regression Statistics
Multiple R 0.998778037
R Square 0.997557568
Adjusted R Square 0.982902977
Standard Error 825.4910323
Observations 8
ANOVA
df SS MS F Significance F
Regression 6 278317314.6 46386219.09 68.07133305 0.092513538
Residual 1 681435.4444 681435.4444
Total 7 278998750
Header Coefficients Standard
Error
t
Stat
Pvalue
Lower
95%
Upper
95%
Lower
95.0%
Upper
95.0%
Intercept
1,652.41 3,338.76 0.49 0.71 (40,770.53) 44,075.35 (40,770.53) 44,075.35
Population (in million)
30.42 6.15 4.95 0.13 (47.66) 108.50 (47.66) 108.50
GDP (PPP) per capita (in
thousand) 194.89 38.67 5.04 0.12 (296.40) 686.18 (296.40) 686.18BUSINESS RESEARCH METHODS 4
Monthly average cost of
public transport (28.59) 34.95 (0.82) 0.56 (472.68) 415.50 (472.68) 415.50
Vehicles for every 10000 ppl
23.28 5.80 4.01 0.16 (50.41) 96.97 (50.41) 96.97
Fuel cost per litter
4,212.17 2,387.43 1.76 0.33 (26,123.01) 34,547.35 (26,123.01) 34,547.35
Rate of inflation
594.74 438.35 1.36 0.40 (4,975.06) 6,164.55 (4,975.06) 6,164.55
Country Population (in
million)
GDP (PPP) per
capita (in
thousand)
Monthly
average cost of
public transport
Vehicles for
every 10000 ppl
Fuel cost
per litter
Rate of
inflation
Number of
monthly
rides
Bangladesh 166.37 4.98 21.00 4.00 1.06 5.47 14894.674
Nepal 29.62 2.84 16.20 5.00 0.97 4.60 9581.778
Sri Lanka 20.95 13.50 24.00 70.00 0.88 4.00 11949.97
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