Question: Data Analysis Use the concepts you have learned from BA Chapters 2 , 3 , 4 , and 8 and DV 5 - 8 to

Data Analysis
Use the concepts you have learned from BA Chapters 2,3,4, and 8 and DV 5-8 to develop a presentation of the data story that will help Kris to inform his boss,the final decision-maker, of how many football magazines should be purchased for Year 10. Consider the following when preparing for data analysis and what you want to focus on in your data story.
Step 1: There is a considerable amount of data available in the file magazines_csu, but not all of it may be useful for your purposes here. Are there variables contained in the file magazines_csu that you would exclude from a forecast model to determine football magazine sales in Year 10? If so, why? Are there particular observations of football magazine sales from previous years that you would exclude from your forecasting model? If so, why?
Step 2: Based on the data in the file magazines_csu, develop a regression model to forecast the average sales of football magazines for each of the seven home games in the upcoming season (Year 10). That is, you should construct a single regression model and use it to estimate the average demand for the seven home games in Year 10. In
 Data Analysis Use the concepts you have learned from BA Chapters

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 General Management Questions!