X1 X2 X3 Sales 0.12 300000.00 42000.00 250000.00 0.13 310000.00 43000.00 255000.00 0.11 315000.00 44000.00 258000.00...

X1	X2	X3	Sales
0.12	300000.00	42000.00	250000.00
0.13	310000.00	43000.00	255000.00
0.11	315000.00	44000.00	258000.00
0.09	312000.00	40000.00	248000.00
0.10	311000.00	41000.00	246000.00
0.13	324000.00	42000.00	250000.00
0.12	325000.00	44000.00	256000.00
0.11	327000.00	45000.00	257000.00
0.11	329000.00	45000.00	263000.00
0.09	332000.00	46000.00	270000.00
0.08	335000.00	47000.00	280000.00
0.08	339000.00	48000.00	290000.00
0.07	341000.00	51000.00	310000.00
0.08	342000.00	52000.00	315000.00
0.11	339000.00	49000.00	290000.00
0.12	327000.00	45000.00	?????

1. What is the sales forecast for period 16?

2. Is the forecast statistically significant? Which variable has the largest impact on sales?

2. If this is a forecast for a brick and mortar retailer, what would be the sales forecast if X3 (square feet) was set to 0?

Solutions

Expert Solution

orchestra answered 1 year ago

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