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Using the franchise data for New Era Organic Foods Stores, to produce a model to predict the annual net sales from the other variables. Please
- Using the franchise data for New Era Organic Foods Stores, to produce a model to predict the annual net sales from the other variables. Please discuss the significance of the model and the predictors. Make any additional observations that you consider pertinent regarding the model you run.
X1 | X2 | X3 | X4 | X5 | X6 | The data (X1, X2, X3, X4, X5, X6) are for each franchise store. | |
231 | 3 | 294 | 8.199999809 | 8.199999809 | 11 | X1 = annual net sales/$1000 | |
156 | 2.200000048 | 232 | 6.900000095 | 4.099999905 | 12 | X2 = number sq. ft./1000 | |
10 | 0.5 | 149 | 3 | 4.300000191 | 15 | X3 = inventory/$1000 | |
519 | 5.5 | 600 | 12 | 16.10000038 | 1 | X4 = amount spent on advertizing/$1000 | |
437 | 4.400000095 | 567 | 10.60000038 | 14.10000038 | 5 | X5 = size of sales district/1000 families | |
487 | 4.800000191 | 571 | 11.80000019 | 12.69999981 | 4 | X6 = number of competing stores in distric | |
299 | 3.099999905 | 512 | 8.1 | 10.10000038 | 10 | ||
195 | 2.5 | 347 | 7.699999809 | 8.4 | 12 | ||
20 | 1.200000048 | 212 | 3.299999952 | 2.099999905 | 15 | ||
68 | 0.600000024 | 102 | 4.900000095 | 4.699999809 | 8 | ||
570 | 5.400000095 | 788 | 17.39999962 | 12.30000019 | 1 | ||
428 | 4.199999809 | 577 | 10.5 | 14 | 7 | ||
464 | 4.699999809 | 535 | 11.30000019 | 15 | 3 | ||
15 | 0.600000024 | 163 | 2.5 | 2.5 | 14 | ||
65 | 1.200000048 | 168 | 4.699999809 | 3.299999952 | 11 | ||
98 | 1.600000024 | 151 | 4.599999905 | 2.700000048 | 10 | ||
398 | 4.300000191 | 342 | 5.5 | 16 | 4 | ||
161 | 2.599999905 | 196 | 7.199999809 | 6.300000191 | 13 | ||
397 | 3.799999952 | 453 | 10.39999962 | 13.89999962 | 7 | ||
497 | 5.300000191 | 518 | 11.5 | 16.29999924 | 1 | ||
528 | 5.599999905 | 615 | 12.30000019 | 16 | 0 | ||
99 | 0.800000012 | 278 | 2.799999952 | 6.5 | 14 | ||
0.5 | 1.100000024 | 142 | 3.099999905 | 1.600000024 | 12 | ||
347 | 3.599999905 | 461 | 9.6 | 11.30000019 | 6 | ||
341 | 3.5 | 382 | 9.800000191 | 11.5 | 5 | ||
507 | 5.099999905 | 590 | 12 | 15.69999981 | 0 | ||
400 | 8.6 | 517 | 7 | 12 | 8 |
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