Statistics Project You should read through the given information. There is no additional information to
Statistics Project
You should read through the given information. There is no additional information to be provided. First of all, run the multiple regression with the data given. You can use Microsoft Excel to do this. With the results you obtained from Questions 1-4, you should be able to write an Abstract, Introduction, the Method you used, the Result you obtained and a Discussion. The background information you need will be clear to you when you run the regression for the data. The issue to raise in the Introduction will be what you feel is happening to the food sales, non food sales, store size…..
You should focus on the results you obtained from running your multiple regression. You were advised on how to write your introduction, you should put a business context to it or write the value added by your work or what businesses can gain from the knowledge of the determinants of sales and profits, describe your variables, then write your equation in estimating form, interpret your results and then answer the questions asked by the teacher. Then, write your conclusion - -tie it in the introduction. I hope this helps.
**Make sure you put a business context to it or write the value added by your work or what businesses can gain from the knowledge of the determinants of sales and profits**
Sample Data for Supermarket Profits.
- Run a multiple regression using the above data. (with profit as the dependent variable).
- Compare the result of question (1) with another regression equation obtained without the food sales variable.
- Which of the models do you prefer? Why?
- Interpret your results for (1) and (2).
- In writing your paper, you should start by indicating the purpose of the study. Also, discuss the methodology and conclusions.
Deliverable: Word Document
