MKTCB574 Competency 2 - Reflection

Global Bikes Inc. (a bicylce manufacturing firm) collected the following data during a study of consumer buying patterns. Observation 1 2 3 4 5 6 7 y= X y 15 70 28 79 38 89 35 86 49 97 42 97 30 82 y = Observation 0.721 + 1890123 a. Create a linear regression line (equation) for the data.(Round your Intermediate calculations and final answers to 3 decimal places.) X 14 16 14 24 21 29 63.229 X y 82 70 68 84 83 91 b. Use the equation determined in part b to predict the expected value of y for x = 49. (Round your Intermediate calculations and final answers to 3 decimal places.)

. What are the advantages and disadvantages of Regression Model, Econometric Model, Driving Indicator Models?

To understand the value of parental involvement in XYZ primary schools, we conducted a survey collecting the opinions of 15 parents, 15 teachers and 15 students. This study aims to uncover various aspects of parental involvement, academic achievement, and its impact on student learning. Based on interviews with teachers   parents and student questions, the collection offers a variety of perspectives and opinions that form a picture of the current situation in the school community.But it is important to look at the findings critically and acknowledge the biases inherent in the data collection process. The self-report form of a social desirability survey where participants can adjust their answers based on social desirability. Additionally, even if teachers' perspectives are helpful, they may be subject to negative studies that may lead to perceptions of family involvement.         arrow_forward Step 2: Explaining require specific software or tools. Please be aware that some…

Netflix decided to distribute the show "Orange is the New Black".  This decision was because  the show 'Weeds', performed very well on Netflix in terms of viewership and engagement.   Both shows have the same writers/creative teams.  Data shows that viewers enjoy shows by the same writers/creative teams. This is an example of Netflix relying upon which type of data analytics   Question 4 options:   a)  Descriptive   b)  Diagnostic   c)  Predictive   d)  Prescriptive

Discuss the concept of predictive analytics in CRM and its role in improving customer relationship management.

m4h2#1

What is involved in the conditions analysis phaseof market analysis in Figure 1–1?

Refer to the following null hypothesis formulated by a restaurant manager who wanted to investigate the factors that encourage the customers to return to their restaurant in future. Identify which data analysis method is the most appropriate for the null hypothesis below. * "There is no relationship between Return in Future and Service Quality, Food Quality and Food Presentation". t-test one-way ANOVA correlation O multiple regression

A bank manager notices that by the time customers get to the teller,they seem irritated and impatient. She wants to investigate the problemfurther, so she hires you to design a research project to figure out whatis bothering the customers. The bank wants three studies: (a) severalfocus groups of their customers, (b) observation using a hidden camera,and (c) an online survey of 500 customers. Which studies arequalitative, and which are quantitative?

145) help with this please!!

Please provide 3 research problems for this question An investigation on parental involvement in their children's education and its influences on their academic performance at charlton Primary in Jamaica.

1.) Describe the process for building the customer scoring model. What would be the inputs? What kinds of data and business processes could potentially be brought into it to create a better scoring model? Course title: Business Analytics

An example of the Quantitative Method of forecasting is O Multiple Regression Market Research O the Delphi Methode O Jury of Executive Opinion

Identify and discuss the advantages and disadvantages of using existing data for secondary data analysis. Provide at least one example for each. In your opinion, do you think the advantages outweigh the disadvantages? Why or why not?

The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:   Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160   What is this month's forecast using the least squares trend line for these data?

i need the answer quickly

Describe a marketing research problem in which both survey and observations methods could be used for obtaining information to address a management decision problem.

The purpose of this study was to investigate the contribution of training and employee engagement on employeeperformance using evidence from Uganda’s health sector. This study is cross sectional and correlational. Usablequestionnaires were received from 150 respondents from four Catholic founded hospitals that is Kamuli Mission Hospital, Buluba Mission Hospital, St. Benedict Mission Hospital and Budini Mission Hospital. Data were analyzed using SPSS.Regression analysis results indicate that training and employee engagement significantly predict employee performance by 44.7% and employee engagement was found to be a major predictor of employee performance as compared to training.Correlation analysis results indicate that there is a significant positive relationship between training and employeeperformance.Correlation analysis results further indicate that there is a significant positive relationship between employee engagement and employee performance. A partial mediation effect of…

The purpose of this study was to investigate the contribution of training and employee engagement on employeeperformance using evidence from Uganda’s health sector. This study is cross sectional and correlational. Usablequestionnaires were received from 150 respondents from four Catholic founded hospitals that is Kamuli Mission Hospital, Buluba Mission Hospital, St. Benedict Mission Hospital and Budini Mission Hospital. Data were analyzed using SPSS.Regression analysis results indicate that training and employee engagement significantly predict employee performance by 44.7% and employee engagement was found to be a major predictor of employee performance as compared to training.Correlation analysis results indicate that there is a significant positive relationship between training and employeeperformance.Correlation analysis results further indicate that there is a significant positive relationship between employee engagement and employee performance. A partial mediation effect of…

Describe the following forecasting approaches: Qualitative Methods Executive opinion Delphi Sales force estimates Consumer surveys Quantitative Methods Time series (naïve method, moving averages, exponential smoothing, trend projection) Associative models (linear regression)

Help please

what are the differences between the following models? 1) Moving average models 2) Simple exponential smoothing 3) Holt's exponential smoothing 4) Winter's exponential smoothing 5) The Bass model In your answer, write down the equation for each model.  What does each variable mean?  Finally, why would I use one model as opposed to the others?  For example, the Bass Model is used to forecast the adoption rate for new innovations, or sigmoid shaped growth.

Please answer parts i, ii and iii of the below question.  The table below shows the sales figures for a brand of shoe over the last 12 months. Months Sales January  69 February  75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150   Using the following, forecast the sales for the months up to January the following year:- i) A simple three month moving average. ii) A three period weighted moving average using weights of 1, 2 and 3. Assign the highest weight to the most recent data. iii) Exponential Smoothing when α= .6 and the forecast for March is 350.

P8-what measures or actions could be used to improve the consistent quality and speed of preparing fast food for customers

In respect of primary and secondary data compare and contrast: 1) The main differences between primary and secondary data 2)The advantages and disadvantages of primary and secondary data

1- A pharmacist has been monitoring sales of certain over-the-counter pain reliever. Daily sales during the last 15 days were as follows: Day 1 2 3 4 7 8 9 Number sold 36 38 42 44 48 49 50 49 52 Day 10 11 12 13 14 15 Number sold 48 52 55 54 56 57 a: By using linear regression method predict the future sales for the next 5 days (please do all calculations in excel and send the excel file with answers included as your response) b: calculate the MSE for the prediction of these 15 days. (again by using Excel) 1- Explain how QFD can be employed for designing a new restaurant in your region in Iraq? (at least 100 words) 2- A producer of inkjet printers is planning to add a new production line of printers, and you have been asked to balance the process, given the following task times and precedence relationships. Assume the cycle time is to be minimum possible (based on the bottleneck). Immediate Length (minutes) Task (Predecessor) a 0.2 b 0.4 a 0.3 d 1.3 b, c e 0.1 f 0.8 e g 0.3 d, f 1.2 g a…

The table below shows the sales figures for a brand of shoe over the last 12 months.   Months Sales January 69 February 75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150 Using the following, forecast the sales for the months up to January the following year:- 1. A simple three-month moving average. 2. A three-period weighted moving average using weights of 1, 2, and 3. Assign the highest weight to the most recent data.                    3. Exponential Smoothing when α= .6 and the forecast for March is 350. 4. Determine which of the three forecasting techniques is the most accurate using MAD.

Firms keep supplies of inventory for which of the following reasons? To provide a feeling of security for the workforce To maintain dependence of operations To meet variation in product demand

Any thoughts and how this relates to marketing management