Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Applied Statistics Expert

Primary Task Response: Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

WidgeCorp is considering branching out into cold beverages. You have been asked to come up with a regression model to forecast monthly sales of cold beverages for the next year. Think about what variables you might include in your model.

Your manager asks for your thoughts.

Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of 100-200 words about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:

What did you learn from your classmate's posting?

What additional questions do you have after reading the posting?

What clarification do you need regarding the posting?

What differences or similarities do you see between your posting and other classmates' postings?

For assistance with your assignment, please use your text, Web resources, and all course materials.

Scenario

WidgeCorp became the market leader in snack foods after acquiring a rival company, Company W. Their management style and business decision-making differed. Employees at WidgeCorp collected relevant data and through statistical analysis used this information to draw conclusions and make appropriate recommendations. Company W tended to rely on the experience and judgment of its managers. For the time being, both companies are being managed separately, but within the next twelve months they will merge all management, processes, and accounting. You work for Company W and are a little nervous about this new way of working, but realize that you need to be able to present issues and recommendations with statistical verification to the WidgeCorp executives. You will also introduce and employ statistical analysis to the senior management of Company W's various departments such as Marketing, Sales, and Production. Part of your job will be to educate Company W as well.

Applied Statistics, Statistics

  • Category:- Applied Statistics
  • Reference No.:- M92427903
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Applied Statistics

Questions -question 1 - briefly explain what each of the

Questions - Question 1 - Briefly explain what each of the following theories says about corporate cash holdings: The static tradeoff theory: Information asymmetry. The agency costs of debt. Managerial agency theory. The ...

Assignment - statistics in educational researchpart a -

Assignment - Statistics in Educational Research Part A - Show all your work Q1) A teacher asked each of her students how many novels they had read in the previous six months. The results are shown below. 0 1 5 4 2 1 3 2 ...

Assignment -in this assignment ms excel must be used to

Assignment - In this assignment MS Excel must be used to perform any calculations/graphical presentations as required in this assignment. Question 1 - Below you are given the examination scores of 20 students (data set a ...

Question - go to the website national quality forum nqf

Question - Go to the website, National Quality Forum (NQF), located in the Webliography, and download the article by WIRED FOR QUALITY: The Intersection of Health IT and Healthcare Quality, Number 8, MARCH 2008. You are ...

Assessment task -you become interested in the non-skeletal

Assessment Task - You become interested in the non-skeletal effects of vitamin D and review the literature. On the basis of your reading you find that there is some evidence to suggest that vitamin D deficiency is linked ...

Part a -question 1 - an analyst considers to test the order

PART A - Question 1 - An analyst considers to test the order of integration of some time series data. She decides to use the DF test. She estimates a regression of the form Δy t = μ + ψy t-1 + u t and obtains the estimat ...

Analysis - comparing group means background and objectives

Analysis - Comparing group means Background and objectives - The balance_FALL17.xlsx dataset represents data from a fictitious study that explores the impact of two different interventions designed to help elderly client ...

Go to the institute for healthcare improvement ihi website

Go to the Institute for Healthcare Improvement (IHI) website for their Improvement Map (URL located in the Webliography). Select an improvement process of your choice. Present at least 3 quality paragraphs to the class a ...

Go to the webliography source for the national cancer

Go to the Webliography source for the National Cancer Institute's Surveillance, Epidemiology, and End Results (SEER) Program. In the Fast Stats, create your own cancer statistical report, "Stratified by Data Type," and u ...

Business analytics and statistics research reportthis

Business Analytics and Statistics Research Report This assignment is based on fictional data. You are creating a business report for the CEO of a retail company called, Athlete Panda. It must be professional in presentat ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As