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Please use this data set to answer question 2-10. (Answer 1 is already answered.) [1] Round numbers to four decimal points (e.g. 0.1234), unless explicitly

Please use this data set to answer question 2-10. (Answer 1 is already answered.)

[1] Round numbers to four decimal points (e.g. 0.1234), unless explicitly requested otherwise.

Pleaes do not use the daily demand beginning at 297!

DayDateWeekdayDaily DemandWeekend
14/25/16Mon2900
24/26/16Tue2930
34/27/16Wed3200
44/28/16Thu3150
54/29/16Fri3480
64/30/16Sat4471
75/1/16Sun4301
85/2/16Mon2830
95/3/16Tue3260
105/4/16Wed3170
115/5/16Thu3500
125/6/16Fri3550
135/7/16Sat4281
145/8/16Sun4551
155/9/16Mon3050
165/10/16Tue3100
175/11/16Wed3500
185/12/16Thu3090
195/13/16Fri3660
205/14/16Sat4601
215/15/16Sun4271
225/16/16Mon2910
235/17/16Tue3250
245/18/16Wed3540
255/19/16Thu3250
265/20/16Fri4050
275/21/16Sat4421
285/22/16Sun4541
295/23/16Mon3180
305/24/16Tue2980
315/25/16Wed3550
325/26/16Thu3550
335/27/16Fri3740
345/28/16Sat4501
355/29/16Sun4631
365/30/16Mon2910
375/31/16Tue3190
386/1/16Wed3330
396/2/16Thu3390
406/3/16Fri4160
416/4/16Sat4781
426/5/16Sun4591
436/6/16Mon3190
446/7/16Tue3260
456/8/16Wed3560
466/9/16Thu3400
476/10/16Fri3950
486/11/16Sat4651
496/12/16Sun4531
506/13/16Mon3100
516/14/16Tue3240
526/15/16Wed3500
536/16/16Thu3480
546/17/16Fri3840
556/18/16Sat4741
566/19/16Sun4851

Eli Orchid has designed a new pharmaceutical product, Orchid Relief, which improves the night sleep. Before initiating mass production of the product, Eli Orchid has been market-testing Orchid Relief in Orange County over the past 8 weeks. The daily demand values are recorded in the Excel file provided. Eli Orchid plans on using the sales data to predict sales for the upcoming week. An accurate forecast would be helpful in making arrangements for the company's production processes and designing promotions.

Before a forecasting model is built and a forecast for the next week is generated, the COO of the company has asked the data analyst for an exploratory analysis of the demand.

Specifically, the COO has asked the analyst[1]:

1. To provide a bar chart (with data labels rounded to two decimal points) showing the average demand for each week day (Sun., Mon., etc.)
image text in transcribed
Average Demand per Weekday 500.00 453.25 455.50 380.38 400.00 341.88 335.13 300.88 315.13 300.00 200.00 Total 100.00 0.00 Sun Mon Tue Wed Thu Fri Sat

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