Question

In: Statistics and Probability

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?

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