Question: Instructions: 1 . Extend the simulation study layout to include the marketing index data. The sales data has already been provided as a completed example
Instructions:
Extend the simulation study layout to include the marketing index data. The sales data has already been provided as a completed example of the simulation design.
Replicate the simulation study layout to generate a set of plausible values for the salesrevenue data. Implement the same design on the marketing index data.
Conduct a descriptive analysis of each simulated distribution SalesRevenue & Marketing Index
Compare the sales revenue data and the marketing index data to the company goals.
Conduct an inferential comparison of the distributions of the eg ttest or ANOVA
Prepare a page summary to your chief product officer on which product is most closely matched to the company goals.
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