Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Note : Use excel for the calculations while providing a detailed explanation of each step for clarity A multinational company wants to assess the impact

Note : Use excel for the calculations while providing a detailed explanation of each step for clarity

A multinational company wants to assess the impact of its recent marketing campaign on sales across different regions. They have collected sales data before and after campaign launch. The dataset includes sales figures from various regions over a specific period.

Given the following dataset, perform the following task:

Region Sales Before Campaign Sales After Campaign Campaign Expenditure
Region A 500 700 1000
Region B 800 1000 1500
Region C 600 750 1200
Region D 400 600 900
Region E 700 900 1300

Data Exploration (10 Points):

  1. Describe the dataset's key features, including the variables and their types.
  2. Present summary statistics and visualizations to provide an initial understanding of the data.

Hypothesis Testing ( 10 Points):

  1. Formulate a null and alternative hypothesis regarding the campaign's effect on sales.
  2. Choose an appropriate statistical test to analyze the hypothesis.
  3. Perform the test and interpret the results.

Regression Analysis ( 10 Points ):

  1. Choose an appropriate regression model to predict sales based on relevant factors ( e.g., campaign expenditure, regions, etc. ).
  2. Interpret the coefficients and significance of variables in the model.
  3. Assess the model's goodness of fit and discuss its predictive capability.

Segmentation and comparison ( 10 Points ):

  1. Segment the data based on regions or any other relevant factor.
  2. Conduct comparative analysis among different segments using suitable statistical techniques.
  3. Interpret the variations observed among segments and draw meaningful conclusions.

Conclusion and recommendations ( 10 Points ):

  1. Summarize the key findings from the analysis conducted.
  2. Provide actionable recommendations to the company based on the results obtained.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete and Combinatorial Mathematics An Applied Introduction

Authors: Ralph P. Grimaldi

5th edition

201726343, 978-0201726343

More Books

Students also viewed these Mathematics questions

Question

What are some of the limitations of financial analysis?

Answered: 1 week ago

Question

10.8 Describe the factors that influence helping

Answered: 1 week ago