Description As a sales manager, you will use statistical methods to support actionable business decisions for Pastas R Us, Inc., a fast-casual restaurant chain specializing in noodle-based dishes, soups, and salads. In simpler terms, you are reviewing available information to determine if what your company is doing works. In this assessment, you use predictive and…
Description Assignment Deliverable Complete the following on the Data tab of the Pastas R Us data file: Calculate “Annual Sales” for each restaurant. Annual Sales is the result of multiplying a restaurant’s “SqFt.” by “Sales/SqFt.” The first value has been provided for you. Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR)…
Question Description I’m working on a business multi-part question and need the explanation and answer to help me learn. Statistical models help us describe and summarize relationships between variables. Understanding how process variables relate to each other helps businesses predict and improve performance. A marketing manager wants to understand the relationship between advertising and sales….
Question Description I’m working on a business question and need the explanation and answer to help me learn. A retail store manager uses time series models to understand shopping trends. Time series models are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make…
Description As a sales manager, you will use statistical methods to support actionable business decisions for Pastas R Us, Inc., a fast-casual restaurant chain specializing in noodle-based dishes, soups, and salads. In simpler terms, you are reviewing available information to determine if what your company is doing works. In this assessment, you use predictive and…
Description Assignment Deliverable Complete the following on the Data tab of the Pastas R Us data file: Calculate “Annual Sales” for each restaurant. Annual Sales is the result of multiplying a restaurant’s “SqFt.” by “Sales/SqFt.” The first value has been provided for you. Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR)…
Question Description I’m working on a business multi-part question and need the explanation and answer to help me learn. Statistical models help us describe and summarize relationships between variables. Understanding how process variables relate to each other helps businesses predict and improve performance. A marketing manager wants to understand the relationship between advertising and sales….
Question Description I’m working on a business question and need the explanation and answer to help me learn. A retail store manager uses time series models to understand shopping trends. Time series models are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make…