Question
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!
Day | Date | Weekday | Daily Demand | Weekend |
1 | 4/25/16 | Mon | 290 | 0 |
2 | 4/26/16 | Tue | 293 | 0 |
3 | 4/27/16 | Wed | 320 | 0 |
4 | 4/28/16 | Thu | 315 | 0 |
5 | 4/29/16 | Fri | 348 | 0 |
6 | 4/30/16 | Sat | 447 | 1 |
7 | 5/1/16 | Sun | 430 | 1 |
8 | 5/2/16 | Mon | 283 | 0 |
9 | 5/3/16 | Tue | 326 | 0 |
10 | 5/4/16 | Wed | 317 | 0 |
11 | 5/5/16 | Thu | 350 | 0 |
12 | 5/6/16 | Fri | 355 | 0 |
13 | 5/7/16 | Sat | 428 | 1 |
14 | 5/8/16 | Sun | 455 | 1 |
15 | 5/9/16 | Mon | 305 | 0 |
16 | 5/10/16 | Tue | 310 | 0 |
17 | 5/11/16 | Wed | 350 | 0 |
18 | 5/12/16 | Thu | 309 | 0 |
19 | 5/13/16 | Fri | 366 | 0 |
20 | 5/14/16 | Sat | 460 | 1 |
21 | 5/15/16 | Sun | 427 | 1 |
22 | 5/16/16 | Mon | 291 | 0 |
23 | 5/17/16 | Tue | 325 | 0 |
24 | 5/18/16 | Wed | 354 | 0 |
25 | 5/19/16 | Thu | 325 | 0 |
26 | 5/20/16 | Fri | 405 | 0 |
27 | 5/21/16 | Sat | 442 | 1 |
28 | 5/22/16 | Sun | 454 | 1 |
29 | 5/23/16 | Mon | 318 | 0 |
30 | 5/24/16 | Tue | 298 | 0 |
31 | 5/25/16 | Wed | 355 | 0 |
32 | 5/26/16 | Thu | 355 | 0 |
33 | 5/27/16 | Fri | 374 | 0 |
34 | 5/28/16 | Sat | 450 | 1 |
35 | 5/29/16 | Sun | 463 | 1 |
36 | 5/30/16 | Mon | 291 | 0 |
37 | 5/31/16 | Tue | 319 | 0 |
38 | 6/1/16 | Wed | 333 | 0 |
39 | 6/2/16 | Thu | 339 | 0 |
40 | 6/3/16 | Fri | 416 | 0 |
41 | 6/4/16 | Sat | 478 | 1 |
42 | 6/5/16 | Sun | 459 | 1 |
43 | 6/6/16 | Mon | 319 | 0 |
44 | 6/7/16 | Tue | 326 | 0 |
45 | 6/8/16 | Wed | 356 | 0 |
46 | 6/9/16 | Thu | 340 | 0 |
47 | 6/10/16 | Fri | 395 | 0 |
48 | 6/11/16 | Sat | 465 | 1 |
49 | 6/12/16 | Sun | 453 | 1 |
50 | 6/13/16 | Mon | 310 | 0 |
51 | 6/14/16 | Tue | 324 | 0 |
52 | 6/15/16 | Wed | 350 | 0 |
53 | 6/16/16 | Thu | 348 | 0 |
54 | 6/17/16 | Fri | 384 | 0 |
55 | 6/18/16 | Sat | 474 | 1 |
56 | 6/19/16 | Sun | 485 | 1 |
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.) |
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