Inferential Statistics for NCC WK 5
Added on 2019-10-18
6 Pages820 Words296 Views
Running head: INFERENTIAL STATISTICS FOR NCC WK 5Descriptive Statistics for NCC WK 4Jared NorrellQNT\56125th July 2016Professor Villalobos
Running head: INFERENTIAL STATISTICS FOR NCC WK 5Research QuestionSales have declined the past three quarters at NCC and because of the continued decline in salesthe NCC marketing team is asked to find innovative ways to increase sales. Sales as a dependentvariable can be looked at in many ways, such as sales of a specific car model, sales of a categorylike SUV or sport cars, overall sales of a particular car. Independent variables are product,promotion and price. Consumers want safe automobiles that are environmentally friendly,dependable and safe. The research question for this sales team deals with how to saleenvironmentally friendly, dependable and safe automobiles in a declining market. This team’squestion is “Will spending more funding for promotions lead to better sales for NCC?”Mock data for the independent and dependent variablesBelow is the data for the research question. Sales data is the number of units sold and marketingspend is the amount spent on promotion etc in US dollars. MonthsSales (units)Marketing Spend ($)Month 1840098000Month 2836996000Month 3835095000Month 4831791000Month 5830098000Month 6828095000Month 7829094000Month 8830095000Month 9826595000Month 10827096000
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Descriptive Statistics for NCC WK Assignmentlg...
|8
|528
|369