Statistics for Financial Decision Assignment

Added on - 15 Apr 2020

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Running Head: STATISICS FOR FINANCIAL DECISIONStatistics for Financial DecisionName of the StudentName of the UniversityAuthor note
2STATISTICS FOR FINANCIAL DECISIONTable of ContentsIntroduction......................................................................................................................................3Analysis of Sales in Industria, Nokaragua and Federated Island....................................................3Statistical overview of data..........................................................................................................3Correlation Analysis....................................................................................................................6Multi regression analysis of Sales...............................................................................................8Forecasted sales...........................................................................................................................9Hypothesis testing......................................................................................................................10Market Place for Sweden...............................................................................................................11Forecasted Sales of Sweden.......................................................................................................13Recommendation...........................................................................................................................14Conclusion.....................................................................................................................................15Appendix........................................................................................................................................16
3STATISTICS FOR FINANCIAL DECISIONIntroductionThe report aims at evaluation for development of sales of Schmeckt Gut in the threedifferent countries- Industria, Nokaragua and the Federal Island for the last 25 years. Using thegiven data for past 25 years, sales figures from 2016 to 2020 are forecasted. Different factors aretaken as determinants of sales. These are Gross Domestic Product, Average Price Index,Population, Survey score, number of advertisement and number of stores. Before estimating therelation, the correlation among sales and variables such as advertisement, number of stores andsurvey results are analyzed using correlation matrix. Multi regression models are constructed foranalyzing relation of sales with each of the variables and the estimated regression models areused to forecast the future sales for each of the country.In the next part of the report, the business scenario in the Swedish market. Schmeckt Guthas recently planned to expand its business in the Swedish market. The design of the businessstrategy depends on the trend in sales in the market. Since, the sales data for Sweden are missing;a country closely related with Sweden is takenand sales figures of this country is used forSweden. Finally based on the analysis, suggestions are given for further expansion of sales inthese countries.Analysis of Sales in Industria, Nokaragua and Federated IslandStatistical overview of dataData considered for the analysis are Sales figures, data on Gross Domestic Product,Average Price Index and population of the age 15 to 65 years, Survey score, number ofadvertisement score and number of stores.
4STATISTICS FOR FINANCIAL DECISION19911993199519971999200120032005200720092011201320150500000010000000150000002000000025000000Comparison of SalesFederated IslandsIndustriaNokaraguaYearSales(inUS$)Figure 1: Sales Comparison of Industria, Nokaragua and Federated IslandIn Industria, the Sales trend shows an overall upward rising trend. Though there are somefluctuations in some years, but the overall sales increase in the last 25 years. For Naukaragua, thesales figures shows an upward trend like Industria. However, sales in Naukargua is lower thanIndustria in all the accounted year and less fluctuating. The lowest sales are observed for marketin Federated Island with trend being almost flat over the 25 years.1991199319951997199920012003200520072009201120132015050000000000100000000000150000000000200000000000250000000000300000000000Comparison in GDPFederated IslandsIndustriaNokaraguaYearsGDP(inUS$)
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