Project #73461 - Quantiative Analysis

Due Date:  June 12 by noon eastern standard time.

Note:  Each question need to be answered with 200 words with good grammar and no spelling errors.  Use at least one of the references that I have provided below and one other reference. Also, when using references from a book, please provide the page number(s). Below are two references that are used for my class.

References:

McClave, J. T., Benson, G.P., & Sincich, T., (2014).  Statistics for Business and    

Economics, (12th ed.). Boston: Pearson Education Inc.

Cooper, D. R., & Schindler, P. S. (2014). Business Research Methods (12th ed.). New York, NY:

McGraw-Hill Irwin.

 

Question 1

Respond to the following:

•   Explain, in detail, how multiple regression is used in sales and market forecasting. Give one example.

 

Question 2

Causation and correlation are much-debated topics in the business environment. Comparing and contrasting both causation and correlation is extremely important in any business decision-making process.

Respond to the following:

•   In your opinion, do you think that in business correlation means causation? Support your statements with appropriate examples and scholarly references. Be detailed and complete in your exploration of the subject.

 

Question 3

In this discussion, you will address how multiple regression can be used in business applications.

Respond to the following:

•   How would a manufacturing company use multiple regression to forecast demand of its product? Give one detailed example.

•   Which topic was most relevant to you? (Quantitative and Qualitative data used to make business decisions was the topic that was most relevant to me). Consider your current major or your future career plans (My major is Business Administration with a minor in Human Resources).  Discuss how you can apply my topic to the business world today?

 

 

Subject Business
Due By (Pacific Time) 06/12/2015 12:00 pm
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