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PROBLEM: REGRESSION ANALYSIS BELOW YOU ARE GIVEN WEEKLY SALES (15 WEEKS) OF OREO COOKIES AT WALMART YOU ARE ALSO TOLD FOR EACH WEEK IF THERE
PROBLEM: REGRESSION ANALYSIS BELOW YOU ARE GIVEN WEEKLY SALES (15 WEEKS) OF OREO COOKIES AT WALMART YOU ARE ALSO TOLD FOR EACH WEEK IF THERE WAS A PRICE CUT AND / OR THE PRODUCT WAS ON DISPLAY. QUESTION: A) EXPLAIN HOW THE PRICE AND DISPLAY AFFECT OREO SALES? (I.E., EXPALIN THE REGRESSION EQUATION) B) DURING A WEEK IN WHICH THE PRODUCT IS ON DISPLAY AND THE PRICE IS CUT YOU ARE 95% SURE THE SALES WILL BE BETWEEN AND Week Display Price cut Price Cut? No wn yes No On Display? No No No yes No yes No No No No Sales 817 1150 886 817 713 769 1099 744 1150 881 780 816 1120 763 B. Ova yes No yes No yes No No No No yes No yes yes No yes No No 857 PROBLEM: REGRESSION ANALYSIS BELOW YOU ARE GIVEN WEEKLY SALES (15 WEEKS) OF OREO COOKIES AT WALMART YOU ARE ALSO TOLD FOR EACH WEEK IF THERE WAS A PRICE CUT AND / OR THE PRODUCT WAS ON DISPLAY. QUESTION: A) EXPLAIN HOW THE PRICE AND DISPLAY AFFECT OREO SALES? (I.E., EXPALIN THE REGRESSION EQUATION) B) DURING A WEEK IN WHICH THE PRODUCT IS ON DISPLAY AND THE PRICE IS CUT YOU ARE 95% SURE THE SALES WILL BE BETWEEN AND Week Display Price cut Price Cut? No wn yes No On Display? No No No yes No yes No No No No Sales 817 1150 886 817 713 769 1099 744 1150 881 780 816 1120 763 B. Ova yes No yes No yes No No No No yes No yes yes No yes No No 857
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