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Descriptive and Predictive Analysis of Eclipse Vans

Marking rubric criteria for a group project presentation in BUSM 1222 course.

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Added on  2022-11-14

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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.

Descriptive and Predictive Analysis of Eclipse Vans

Marking rubric criteria for a group project presentation in BUSM 1222 course.

   Added on 2022-11-14

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Eclipse 1
Executive 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.
Descriptive and Predictive Analysis of Eclipse Vans_1
Eclipse 2
Table of Contents
Executive Summary.............................................................................................................1
Introduction..........................................................................................................................3
Eclipse Vans....................................................................................................................3
Methodology........................................................................................................................4
Data Analysis.......................................................................................................................4
Descriptive Statistics.......................................................................................................4
Quantity.......................................................................................................................4
Profits...........................................................................................................................6
Prediction.........................................................................................................................8
Regression Analysis.....................................................................................................8
Profit prediction...........................................................................................................9
Conclusion...........................................................................................................................9
Recommendation...............................................................................................................10
References..........................................................................................................................11
Descriptive and Predictive Analysis of Eclipse Vans_2
Eclipse 3
Introduction
There is no doubt the primal purpose of a business is to generate income and make profit.
Moreover, its is the responsibility of any manufacturer or producer to meet the needs of different
consumers. As a result, manufacturers tend to produce various products to meet the customers’
expectations. Consequently, it is essential to evaluate the sustainability of a company to ensure
that in not only maintains but also improves its production level. Thus, it recommendable for the
business to forecast the demand, sales, supply, quantity, produced, revenues, and profits
associated with the products produced. Therefore, 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.
Eclipse Vans
Eclipse Vans engages in the production, sales, and distribution of recreational vehicles,
which include motorhomes, camper trailers, Pop top, and Caravan. The company is managed by
both Abdul and Joeline, whereby Abdul is responsible for manufacturing process whereas
Joeline controls the staffing, accounts, reception, and customer services. Notably, to increase the
sales the management has incorporated advertisements in several magazines, which include
Camping, and 4WD; moreover, Joeline seeks to offer an options pack to customers, which could
be purchased at special discounted.
Descriptive and Predictive Analysis of Eclipse Vans_3

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