Q3: Forecasting Analysis: The Sales Director at PALMA thinks that the sales of one of Laptop...

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Q3: Forecasting Analysis: The Sales Director at PALMA thinks that the sales of one of Laptop Sleeves product seems go in parallel with many other variables; specifically, he defined one main variable which is the annual Number of Facebook Posts. He would use regression analysis to formulate a model to be used in forecasting sales and coefficient of correlation. FAIMAI No. of Facebook Posts per Year 250 360 465 665 368 770 675 (3 Marks) Laptop Sleeves Sales (00) 10,800 19,500 18,100 23,400 10,700 19,000 21,500 ????? Q3: Forecasting Analysis: The Sales Director at PALMA thinks that the sales of one of Laptop Sleeves product seems go in parallel with many other variables; specifically, he defined one main variable which is the annual Number of Facebook Posts. He would use regression analysis to formulate a model to be used in forecasting sales and coefficient of correlation. FAIMAI No. of Facebook Posts per Year 250 360 465 665 368 770 675 (3 Marks) Laptop Sleeves Sales (00) 10,800 19,500 18,100 23,400 10,700 19,000 21,500 ?????

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It appears that this question is asking to perform a regression analysis to create a model that forecasts laptop sleeve sales based on the number of F... View the full answer