Question: You are given the number of almond cream croissants soldeach day by the French Rivera Bakery (corner of Chimney Rock and Rivera). You are also

You are given the number of almond cream croissants soldeach day by the French Rivera Bakery (corner of Chimney Rock and Rivera). You are also given whether the day is sunny or cloudy. Develop an equation to forecast daily almond cream croissant sales. Provide the equation. Explain how the day of the week and weather affect sales. Also predict sales on a cloudy weekend day.

DaySunny or CloudyCroissants sold
weekendsunny364
weekdaysunny254
weekendsunny360
weekendsunny346
weekendcloudy292
weekdaysunny273
weekdaysunny273
weekendsunny350
weekendcloudy302
weekdaycloudy201
weekendcloudy302
weekdaycloudy213
weekendcloudy305
weekdaysunny261
weekdaysunny270
weekdaycloudy204
weekdaysunny245
weekendsunny367
weekendsunny365
weekdaycloudy202
weekdaysunny265
weekdaysunny273
weekdaysunny263
weekdaycloudy195
weekendcloudy303
weekendsunny363
weekdaysunny249
weekdaysunny248
weekdaysunny261
weekdaycloudy196
weekdaycloudy196
weekdaysunny273
weekdaysunny269
weekdaycloudy198
weekdaysunny268
weekdaycloudy191
weekendsunny368
weekdaysunny267
weekendcloudy294
weekdaysunny263
weekdaycloudy193
weekdaysunny259
weekendsunny352
weekdaycloudy203
weekdaycloudy201
weekdaysunny267
weekendcloudy295
weekdaycloudy214
weekdaysunny270
weekdaysunny256
weekdaycloudy191
weekdaycloudy206
weekdaycloudy190
weekdaycloudy191
weekdaysunny265
weekdaycloudy210
weekdaycloudy205
weekdaycloudy187
weekendcloudy302
weekdaycloudy213
weekdaycloudy209
weekendcloudy310
weekdaycloudy192
weekdaycloudy188
weekdaycloudy194
weekdaycloudy207
weekdaysunny251
weekdaycloudy202
weekdaycloudy189
weekendsunny350
weekdaysunny252
weekdaysunny247
weekendcloudy295
weekendsunny372
weekdaysunny258
weekendsunny348
weekdaycloudy202
weekdaysunny270
weekdaycloudy189
weekdaycloudy201
weekdaysunny270
weekdaysunny249
weekendcloudy308
weekdaycloudy199
weekendcloudy308
weekdaysunny267
weekdaycloudy193
weekendsunny354
weekdaycloudy208
weekendsunny357
weekdaycloudy200
weekendcloudy288
weekdaysunny260
weekendsunny357
weekdaysunny262
weekendsunny357
weekdaycloudy205
weekendsunny364
weekdaycloudy207
weekendsunny357
weekendcloudy293
weekendsunny358
weekdaysunny258
weekdaycloudy205
weekendcloudy290
weekdaysunny255
weekdaysunny265
weekendcloudy303
weekdaysunny264
weekdaysunny264
weekendcloudy291
weekdaysunny254
weekdaycloudy188
weekdaycloudy195
weekendsunny359
weekdaysunny253
weekendsunny361
weekdaysunny258
weekdaycloudy200
weekdaysunny274
weekdaycloudy192
weekdaysunny250
weekdaycloudy187
weekdaysunny258
weekdaycloudy192
weekdaysunny268
weekdaycloudy186
weekdaycloudy213
weekendcloudy313
weekdaycloudy213
weekdaysunny257
weekendsunny352
weekendcloudy303
weekendsunny354
weekdaysunny253
weekdaysunny275
weekendcloudy299
weekdaysunny245
weekdaysunny270
weekdaysunny256
weekdaycloudy197
weekendsunny375
weekdaysunny246
weekdaycloudy185
weekdaycloudy195
weekdaysunny257
weekdaysunny270
weekendcloudy297
weekendsunny356
weekendcloudy296
weekdaysunny265
weekdaycloudy211
weekendcloudy299
weekendcloudy303
weekdaysunny261
weekdaycloudy208
weekendcloudy296
weekdaycloudy185
weekendsunny360
weekdaycloudy185
weekdaycloudy189
weekendcloudy299
weekdaycloudy193
weekdaycloudy191
weekdaysunny267
weekdaycloudy213
weekdaysunny253
weekdaycloudy205
weekendcloudy294
weekdaycloudy209
weekdaysunny258
weekdaycloudy212
weekdaycloudy195
weekdaysunny247
weekdaycloudy204
weekdaysunny265
weekdaysunny251
weekendcloudy295
weekdaycloudy203
weekendsunny373
weekdaycloudy192
weekdaysunny250
weekendsunny356
weekdaysunny273
weekdaysunny251
weekdaycloudy202
weekendcloudy303
weekendsunny349
weekendsunny355
weekdaysunny268
weekendsunny368
weekdaysunny249
weekdaysunny270
weekdaycloudy195
weekdaysunny270
weekdaysunny261
weekendcloudy295
weekdaycloudy185
weekdaycloudy196
weekdaycloudy193
weekdaycloudy203
weekendcloudy287
weekdaysunny248
weekdaycloudy200

Step by Step Solution

★★★★★

3.45 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Step 1 Data Preparation To develop a forecast equation for daily almond cream croissant sales we will define the predictors Day of the week Weekend 1 ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Microsoft Excel Data Analysis 7th Questions!

Q:

A portion of a data set containing information for 45 mutual funds that are part of the Morningstar Funds 500 for 2008 follows. The complete data set is available in the file named MutualFunds. The...

Q:

The Ladies Professional Golfers Association (LPGA) maintains statistics on performance and earnings for members of the LPGA Tour. Year-end performance statistics for the 30 players who had the...

Q:

In exercise 9, data contained in the file named PGA Driving Dist (PGA Tour website, November 1, 2012) were used to develop an estimated regression equation to predict the average number of yards per...

Q:

CASE 32 Panera Bread Company (2010): Still Rising Fortunes? Joyce P. Vincelette and Ellie A. Fogarty BREADESSENTIAL AND BASIC, but nonetheless specialhas transcended millennia. A master baker...

Q:

Internal Analysis Appendix C: Financial Analysis - Profitability: ( 2 ratios ) Calculate net profit margin and operating profit for last 3 years in table. Show your work. - Profitability...

Q:

Big dreams, arrogance, infighting, and delusion all collided in the disastrous attempt to fix venerable retail giant J.C. Penney. The inside story of a revolution derailed. WHEN YOU FIND A SAVIOR,...

Q:

LEARNING COMPETENCIES After studying this module, you will be able to do the following: Find the amount of simple and compound interest; Ascertain exact, ordinary interest, maturity value, and simple...

Q:

LEARNING COMPETENCIES After studying this module, you will be able to do the following: Find the amount of simple and compound interest; Ascertain exact, ordinary interest, maturity value, and simple...

Q:

Tower of Hanoi (Modified from Wiki) The Tower of Hanoi is a mathematical game or puzle. It consists of three poles and a nmberof disks of different sizes, which can slide onto any pole. The puzle...

Q:

The Goal The final goal of this project is for you to create a Tower of Hanoi puzzle game with any number of disks so that a user can play on his/her computer. No worry, it is going to be a text mode...

Q:

Refer to Exercise 7.25 and allocate the joint costs using the sales-value-at-split-off method. In exercise Alomar Company manufactures four products from a joint production process: barlon, selene,...

Q:

Explain how to conduct an external strategic-management audit. Discuss.