Do a regression analysis - goodbelly sales

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Reference no: EM132187758

Explanation of GoodBelly Sales Spreadsheet

You need to do a regression analysis and prepare a report

The data came from 126 Whole Foods stores over the 10 weeks between May 4 and July 13. There was a total of 1,386 observations.

Variable Definitions

1. Weekly Sales (Volume): The number of units sold per store per week.

2. Average Retail Price: The average retail price for GoodBelly products per store per week.

3. Sales Rep: Defined as 1 if the store had a regional sales rep (face-to-face contact) and 0 if the store had only the national sales rep (no face-to-face contact).

4. Endcap: Defined as 1 if a store participated in an endcap promotion.

5. Demo: Defined as 1 if the store had a demo on the corresponding week.

6. Demo1-3: Defined as 1 if the store had a demo 1-3 weeks ago.

7. Demo4-5: Defined as 1 if the store had a demo at least 4-5 weeks ago.

8. Natural Retailers: The number of other natural retailers within 5 miles of each store.

9. Fitness Centers: The number of fitness centers within 5 miles of each store.

Attachment:- Dataset.rar

Verified Expert

This report has been prepared with regression analysis of sales data.Sales data includes number of units sold and average price per unit.From the regression analysis it is found that sales are highly dependent on demonstrations.The influence of other factors on sales found to be statistically insignificant.

Reference no: EM132187758

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