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 and and DV to develop a presentation of the data story that will help Kris to inform his boss,the final decisionmaker, of how many football magazines should be purchased for Year Consider the following when preparing for data analysis and what you want to focus on in your data story.
Step : There is a considerable amount of data available in the file magazinescsu, but not all of it may be useful for your purposes here. Are there variables contained in the file magazinescsu that you would exclude from a forecast model to determine football magazine sales in Year 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 : Based on the data in the file magazinescsu, develop a regression model to forecast the average sales of football magazines for each of the seven home games in the upcoming season Year That is you should construct a single regression model and use it to estimate the average demand for the seven home games in Year In
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
