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BU6015 - Business Analytics

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Based on the scatterplot below, if the labor cost per lawn is $25, what is the expected monthly profit margin?

The line graph is titled monthly margin. The horizontal axis represents labor cost per lawn ranging from 0 to 30 in increments of 5 and the vertical axis represents monthly profit margin ranging from 0 to 6000 in increments of 1000. A line decreases in monthly profit margin with increase in labor cost per lawn. The line connects the following points: (13, 5300), (15, 5000), (17, 4700), (19, 4100), (21, 3800), (23, 3300), and (25, 3000). All data are approximate.

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Based on these time series analysis results from Forecasting Product Demand using Time Series Analysis, what is the maximum amount of product demand that can be expected in 2026-12-01?

The columns headers are: month, monthly product demand, forecast (monthly product demand), lower confidence bound (monthly product demand), and upper confidence bound (monthly product demand). The entry for 2026-12-01 are as follow: monthly product demand, blank; forecast (monthly product demand), 308.99; lower confidence bound (monthly product demand), 292.45; upper confidence bound (monthly product demand), 325.53.

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How many outliers are in the Sales Price chart shown below?

The box plot shows the sales price in dollars on the vertical axis ranging from $0 to $3,000 in increments of $500. The lower whisker shows a value of $19.00. The lower quartile shows a value of $59.00. The median shows a value of $149.00. The mean value shows X$625.40. The upper quartile shows a value of $949.00. The upper whisker shows a value of $1,799.00. The first outlier above shows a value of $2,299.00. The second outlier above shows a value of $2,599.00.

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A new business, CoolIT, sells items to keep you cool when outside. Its products include coolers, generators, floats, and other water accessories designed to beat the heat. CoolIT has been spending money on innovative advertising in hopes of increasing its sales revenue. A CoolIT business analyst ran a regression using 36 months of data using the Excel Data Analysis Toolpak. The output is shown below. Using the regression output, what is projected sales revenue if CoolIT spends $10,000 on advertising?

The excel sheet titled summary output contains 3 tables. The table at top contains 2 columns and rows with the following sub-title: regression statistics. The row entries are as follows: row 2 - multiple R; 0.95011488. Row 3 - R square; 0.90271829. Row 4 - adjusted R square; 0.89985706. Row 5 - standard error; 6748.44918. Row 6 - observations; 36. The table below titled Anova contains 6 columns and 4 rows. The headings of columns 2 to 6 are as follows: d f; S S; M S; F; significance F. The row entries are as follows: row 2 - regression; 1; 14368384267; 1.44E+10; 315.5004; 8,92218E-19. Row 3 - residual; 34; 1548413256; 45541566; blank; blank. Row 4 - total; 35; 15916797524; blank; blank; blank. The table below contains 7 columns and 3 rows. The headings of columns 2 to 7 are as follows: coefficients; standard error; t stat; P-value; lower 95%; upper 95%. The row entries are as follows: row 2 - intercept; -836512.83; 54148.06535; -15.4486; 6.16E-17; -946554.9386; -726470.7216. Row 3 - advertising expense; 163.271654; 9.192016768; 17.76233; 8.92R-19; 144.5912287; 181.9520799.

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If the hypothesized relationship is assumed to not exist, this would be an example of aNo __________ hypothesis.

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What is the 25th percentile in the chart shown below?

The figure shows a box plot. The vertical axis shows the sales price ranging from $0 to $3,000 in increments of $500. The lower whisker has a value of $19.00. The first quartile has a value of $59.00. The median or the second quartile has a value of $149.00. Inside the box the mean value is X$624.40. The third quartile has a value of $949.00. The upper whisker has a value of $1,799.00. The outlier above the upper whisker has a value of $2,299.00. The outlier and maximum value is $2,599.00.

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What is the 75th percentile in the chart shown below?

The figure shows a box plot. The vertical axis shows the sales price ranging from $0 to $3,000 in increments of $500. The lower whisker has a value of $19.00. The first quartile has a value of $59.00. The median or the second quartile has a value of $149.00. Inside the box the mean value is X$624.40. The third quartile has a value of $949.00. The upper whisker has a value of $1,799.00. The outlier above the upper whisker has a value of $2,299.00. The outlier and maximum value is $2,599.00.

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Based on the visualization, which state has higher sales revenue?

The map of the United States shows the sum of sales in the form of small and big spheres with 6 various amounts and colors along with the state names.

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Identify the chart type for the exhibit below.

The map of the United States shows the sum of sales with 6 various amounts and colors.

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A new business, CoolIT, sells items to keep you cool when outside. Its products include coolers, generators, floats, and other water accessories designed to beat the heat. CoolIT has been spending money on innovative advertising in hopes of increasing its sales revenue. A CoolIT business analyst ran a regression using 36 months of data using the Excel Data Analysis Toolpak. The output is shown below. Using the regression output, what is projected sales revenue if CoolIT spends $10,000 on advertising?

The excel sheet titled summary output contains 3 tables. The table at top contains 2 columns and rows with the following sub-title: regression statistics. The row entries are as follows: row 2 - multiple R; 0.95011488. Row 3 - R square; 0.90271829. Row 4 - adjusted R square; 0.89985706. Row 5 - standard error; 6748.44918. Row 6 - observations; 36. The table below titled Anova contains 6 columns and 4 rows. The headings of columns 2 to 6 are as follows: d f; S S; M S; F; significance F. The row entries are as follows: row 2 - regression; 1; 14368384267; 1.44E+10; 315.5004; 8,92218E-19. Row 3 - residual; 34; 1548413256; 45541566; blank; blank. Row 4 - total; 35; 15916797524; blank; blank; blank. The table below contains 7 columns and 3 rows. The headings of columns 2 to 7 are as follows: coefficients; standard error; t stat; P-value; lower 95%; upper 95%. The row entries are as follows: row 2 - intercept; -836512.83; 54148.06535; -15.4486; 6.16E-17; -946554.9386; -726470.7216. Row 3 - advertising expense; 163.271654; 9.192016768; 17.76233; 8.92R-19; 144.5912287; 181.9520799.

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