understanding business drivers and improving business forecasts 4

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Deliverable Length: 600 – 800 words.

Description:

Within the Discussion Board area, write 600–800 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.

Big D Incorporated is nearing completion of its portfolio of recommendations for the outdoor sporting goods company. Clearly state your variables that you would utilize in your particular path that you recommend. Utilizing a Regression Model, forecast monthly sales on either the expansion into the new market or if the recommendation is to retrench and not expand. Ensure that you provide adequate justification for your recommendations. The Board of Directors requires your input based upon your previous exercises from Units 1, 2, and 3.

Assignment Objectives:

  • Apply methods of data aggregation and reduction to business data in a manner that reveals insight about underlying pattern and key parameters of the data set.
  • Apply the various discrete and continuous probability distributions, which are appropriate in business circumstances.
  • Determine appropriate sampling methodologies for business settings and situations.

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