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BU6015 - Business Analytics

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Identify the chart type for the exhibit below.

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.

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Based on these regression results from Lab 5.6 Excel: Forecasting Product Demand Using Regression, which independent variables are significantly related to forecast demand?

Under regression statistics, the following values are shown: Multiple R, 0.891401552. R square, 0.794596727. Adjusted R square, 0.780591959. Standard error, 4.286745807. Observations, 48. In the ANOVA table at the center, values are shown as follows: Regression: d f, 3. S S, 3127.861777. M S, 1042.621. F, 56.73758. Significance F, 3.6376E minus 15. Residual: d f, 44. S S, 808.5523431. M S, 18.37619. Total: d f, 47. S S, 3936.41412. In the table at the bottom, the entries are shown as follows: Intercept: Coefficients, negative 123.7576339. Standard error, 22.11431598. t Stat, negative 5.59627. P value, 1.32E minus 06. Lower 95 percent, negative 168.3261093. G D P: Coefficients, 2.162221318. Standard error, 0.212246208. t Stat, 10.18733. P value, 3.76E minus 13. Lower 95 percent, 1.734467193. Weather (average Fahrenheit): Coefficients, 0.202019743. Standard error. 0.043196935. t Stat, 4.676715. P value, 2.78E minus 05. Lower 95 percent, 0.114962041. Holiday: Coefficients, 7.513785459. Standard error. 1.745077976. t Stat, 4.305702. P value, 9.17E minus 05. Lower 95 percent, 3.99681189.

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________ explains the extent to which a data item gains or loses magnitude or value.

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Based on this pivot table in Lab 1.3 Excel, Assessing Product (SKU) Profitability, which product number is the most profitable per dollar of sales?

S K U, description, sales price per pound, cost per pound, gross margin, and gross margin percentage are the column heads of the pivot table with dropdown buttons. The row entries are as follows: F R T hyphen S A R, salal berry, 1.12, 0.66, 0.46, and 0.411. F R T hyphen R E N, redcurrant, 1.42, 0.85, 0.57, and 0.401. F R T hyphen A V D, avocado, 1, 0.59, 0.41, and 0.410. F R T hyphen P U E, purple mangos, 1.01, 0.59, 0.42, and 0.416. F R T hyphen B I T, bilberty, 2, 1.17, 0.83, and 0.415. F R T hyphen P L T, plumcot, 2.1, 1.24, 0.86, and 0.410. F R T hyphen B L N, blackcurrent, 2, 1.18, 0.82, and 0.410. F R T hyphen P I L, pineapple, 0.77, 0.46, 0.31, and 0.403. F R T hyphen P L M, plumprune, 1.31, 0.77, 0.54, and 0.412. F R T hyphen C U N, currant, 1.75, 1.04, 0.71, and 0.406. F R T hyphen P E A, pear, 1.83, 1.07, 0.76, and 0.415. F R T hyphen P A Y, papaya, 1.06, 0.63, 0.43, and 0.406. F R T hyphen C H I, chico fruit, 1.75, 1.03, 0.72, and 0.411. F R T hyphen M I I, miracle fruit, 2.05, 1.2, 0.85, and 0.415. F R T hyphen L O A, Longan, 1.85, 1.1, 0.75, and 0.405. F R T hyphen L I M, lime, 0.96, 0.57, 0.39, and 0.406. F R T hyphen C U E, cucumber, 1.82, 1.09, 0.73, and 0.401. F R T hyphen K I I, kiwifruit, 2.32, 1.37, 0.95, and 0.409. F R T hyphen J A U, jambul, 1.95, 1.13, 0.82, and 0.421. F R T hyphen J A I, jackfruit, 0.63, 0.37, 0.26, and 0.413. F R T hyphen J A B, jabuticaba, 0.89, 0.52, 0.37, and 0.416. F R T hyphen G U V, guava, 0.94, 0.56, 0.38, and 0.404. F R T hyphen G R I, graperaisin, 1.25, 0.74, 0.51, and 0.408.

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What is the 50th 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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A diagram showing interrelationships between two or more variables is called a ________.

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The type of flavour of ice cream that people prefer is an example of which of the following terms?
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Diagnostic analytics is performed to investigate the underlying reasons for past results that cannot be answered by simply looking at the descriptive data.

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What is a one-page report that includes the statement of the problem, description of the project’s relevance, results, and recommended course(s) of action?
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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. Below is a scatterplot showing advertising expense and sales revenue for the last 36 months. Based on the chart what type of correlation do advertising expense and sales revenue have?

The scatterplot shows a positive correlation between advertising expense and sales revenue. The x axis ranges from $5,600 to $6,200 in increments of 100 dollars. The vertical axis ranges from $0 to $180,000 in increments of $20,000. The data points are concentrated between ($5,700, $90,000) and ($6,150, $170,000).

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