Descriptive and Predictive Analysis of Eclipse Vans
VerifiedAdded on 2022/11/14
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AI Summary
The following study seeks to exhibit the descriptive statistics of Eclipse Vans (profits and production quantity). Besides, the study will expose the forecast values of both quantity and profit. The study used various statistical tools to exhibit both the descriptive and predictive analysis, such as the measures of dispersion and central tendency, visual tools (pie and line graphs) and simple regression model. As evident, the 2018 recorded higher quantity and profit compared to 2017. The increase in profit may be attributed to option pack offer adopted by the management, thus it is recommendable for the management to develop adopt other offer, which may increase the profits.
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