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Background Gator Bay Imports is a leading importer of electronics. With quality products and customer satisfaction, Gator Bay Imports maintains a leading position in the

Background

Gator Bay Imports is a leading importer of electronics. With quality products and customer satisfaction, Gator Bay Imports maintains a leading position in the electronics section widening its customer base. However, very recently the company witnessed an increase in competition resulting in a decrease in its sales. To analyze the factors driving the sales, company collected data across 30 territories on important factors which were determined by company leadership to be crucial in determining the sales: market potential in the territory, number of shops selling electronics, number of dealers in each territory, number of brands, population of each territory, urban type, and region.

Part 2 (3 points):

Apply descriptive modeling to analyze relationships between company sales and the four quantitativepredictor variables. Interpret the meaning of each relationship and how it relates to the Gator Bay Imports company. Illustrate your answer with appropriate statistics and visualizations.

Territory ID No. of Stores (in hundred) No. of Dealers (in hundred) No. of Popular Brands Population (in thousand) Sales (in $mil) Urban Type Region Dependent,Indepenent Variables Pearson's Correlation Coefficient r Relationship (strength + direction)
1 8 7 12 71 42 Suburb South Sales & Population
2 6 6 13 73 20 Suburb North Sales & No. Stores
3 23 57 12 135 68 City South Sales & No. Pop Brands
4 24 61 14 122 18 City North Sales & No. Dealers
5 6 12 13 70 20 Suburb South
6 6 3 11 45 25 Suburb North
7 9 17 13 62 8 Suburb South
8 18 45 2 128 29 City North
9 15 28 9 103 35 City North
10 16 29 9 115 41 City North
11 13 29 3 125 45 City North
12 16 20 4 139 68 City South
13 17 69 3 156 33 City North
14 12 8 16 68 9 Suburb South
15 7 14 13 73 29 Suburb South
16 10 20 11 85 14 Suburb South
17 2 2 14 56 17 Suburb South
18 3 18 14 68 2 Suburb North
19 9 9 14 67 0.5 Suburb South
20 7 4 14 62 2 Suburb South
21 8 19 13 70 33 Suburb South
22 16 21 16 100 26 City South
23 15 48 9 143 45 City North
24 14 26 13 102 13 City South
25 18 52 6 153 73 City South
26 5 5 12 58 3 Suburb North
27 11 19 12 96 23 City North
28 10 27 8 114 50 City North
29 13 72 4 140 46 City South
30 15 55 5 134 64 City North

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