BUS 308: Statistics for Managers - Predictive Sales Report

A predictive sales report using statistical methods to forecast future sales based on historical data.

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BUS 308: Statistics for Managers-Predictive Sales ReportAnalyze the impact of unemployment rates on consumer spending and retail inventorymanagement. Discuss trends, correlations with economic cycles, and strategies for businesses toadapt. Include statistical analysis and forecasts.(750-1,000 words)

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PREDICTIVE2NamePredictive Sales ReportBUS 308: Statistics for ManagersInstructorDate

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PREDICTIVE3PREDICTIVE SALES REPORTA retail store has recently hired you as a consultant to advice on economic conditions.One important indicator that the retail store isconcerned about is the unemployment rate. Theretail store has found that an increase in the unemployment rate will cause a lack of consumerspending in their stores. Retail stores use the unemployment rate to estimate how much inventoryto keep at their stores, which is important in maintaining cost effectiveness. In this consultantrole you will apply calculations and research to create a predictive sales report.Part IYearJanFebMarAprMayJunJulAugSepOctNovDecAnnual19483.43.843.93.53.63.63.93.83.73.843.7519494.34.755.36.16.26.76.86.67.96.46.66.0519506.56.46.35.85.55.454.54.44.24.24.35.2119513.73.43.43.133.23.13.13.33.53.53.13.2819523.23.12.92.9333.23.43.132.82.73.0319532.92.62.62.72.52.52.62.72.93.13.54.52.9319544.95.25.75.95.95.65.866.15.75.355.5919554.94.74.64.74.34.244.24.14.34.24.24.37195643.94.244.34.34.44.13.93.94.34.24.1319574.23.93.73.94.14.34.24.14.44.55.15.24.3019585.86.46.77.47.47.37.57.47.16.76.26.26.84195965.95.65.25.155.15.25.55.75.85.35.4519605.24.85.45.25.15.45.55.65.56.16.16.65.5419616.66.96.977.16.976.66.76.56.166.6919625.85.55.65.65.55.55.45.75.65.45.75.55.5719635.75.95.75.75.95.65.65.45.55.55.75.55.64

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University

Ashford University

Course

BUS 308

Subject

Statistics

BUS 308: Statistics for Managers - Predictive Sales Report

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