Question: Write a 7 5 0 - to 1 , 0 0 0 - word statistical report with the following sections: Section 1 : Scope and
Write a to word statistical report with the following sections:
Section : Scope and Descriptive Statistics
Section : Analysis
Section : Recommendations and Implementation
Section : Scope and Descriptive Statistics
State the reports objective.
Discuss the nature of the current database. What variables were analyzed?
Summarize your descriptive statistics findings from Part Use a table and insert appropriate graphs.
Section : Analysis
Using Microsoft Excel, create scatter plots and display the regression equations for the following pairs of variables:
BachDeg versus SalesSqFt
MedIncome versus SalesSqFt
MedAge versus SalesSqFt
LoyaltyCard versus SalesGrowth
In your report, include the scatter plots. For each scatter plot, designate the type of relationship observed increasingpositive decreasingnegative or no relationship and determine what can be concluded from these relationships.
Section : Recommendations and Implementation
Based on your findings above, assess which expansion criteria seem to be more effective. Is there any expansion criterion that could be changed or eliminated? If so which one and why?
Based on your findings above, does it appear as if the loyalty card is positively correlated with sales growth? Would you recommend changing this marketing strategy?
Based on your previous findings, recommend marketing positioning that targets a specific demographic. Hint: Are younger people patronizing the restaurants more than older people?
Indicate what information should be collected to track and evaluate the effectiveness of your recommendations. How can this data be collected? Hint: would you use surveysamples or census data?
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
