Purchase Solution

Regression Model to Forecast Monthly Sales of Beverage of a Year

Not what you're looking for?

Ask Custom Question

Let's say your company 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.

Purchase this Solution
Solution Summary

Regression model attaches in a Word document as well as thoughts on the variables that go into it.

Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

View More Free Quizzes
Related BrainMass Solutions

  • You have been asked to come up with a regression model

    91289 You have been asked to come up with a regression model to forecast monthly sales of cold beverages for the next year. Let's say your company is considering branching out into cold beverages.

  • Regression model to forecast sales of cold beverages for the

    109946 Regression model to forecast sales of cold beverages for the next year Need to come up with a regression model to forecast monthly sales of cold beverages for the next year. What variables might be included in the model?

  • Need to develop a monthly forecast using a regression model,

    264747 Regression analysis for cold beverages. Need to develop a monthly forecast using a regression model, for one year. What variables could be chosen to use in the modeling?

  • WidgeCorp

    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.

  • Forecasting Food and Beverage Sales

    Karen has concluded that to plan for the growth of the restaurant in the future, she needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance.

  • Linear Regression and Forecast

    313629 Forecast based on Linear Regression Model Carpet City wants to develop a means to forecast its carpet sales. The store manager believes that the store's sales are directly related to the number of new housing starts in town.

  • Forecasting for WidgeCorp: Applied Managerial Decision-Making

    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.

  • Correlation and regression analysis

    262612 Need help in developing linear regression model for attached data and forecast and determine strength of the relationship using correlation Carpet City wants to develop a means to forecast its carpet sales.

  • Statistics - Develop a Linear Regression Model

    280216 Carpet City: Develop a linear regression model Carpet City wants to develops a means to forecast it carpet sale. The store manager believes that the store's sale are directly related to the number of new housing starts in town.

View More Related Solutions