Part 1: to be completed in Excel®
You are the manager of a retail store. You want to investigate how metrics can improve the way you manage your business.
Using the Week 5 Data Set, create and calculate the following in Excel®:
Conduct a goodness of fit analysis which assesses orders of a specific item and items you received by size, and do the following:
Conduct a hypothesis test with the objective of determining if there is a difference between what you ordered and what you received at the .05 level of significance.
Identify the null and alternative hypotheses.
Generate a scatter plot, the correlation coefficient, and the linear equation evaluating whether a relationship exists between the number of times a customer visited the store in the past 6 months and the total amount of money the customer spent, and do the following:
Set up a hypothesis test to evaluate the strength of the relationship between the two variables.
Use a level of significance of .05.
Use the regression line formula to forecast how much a customer might spend on merchandise if that customer visited the store 13 times in a 6-month period.
Use the average monthly sales of 2014 ($1,310) as your base to do the following:
Calculate indices for each month for the next two years.
Graph a time series plot.
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!Use Discount Code “Newclient” for a 15% Discount!NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.