Sunday, May 12, 2019

Westar beverage Statistics Project Example | Topics and Well Written Essays - 250 words

Westar drinkable - Statistics Project Examplealysis corresponds to the hotels monthly sales for both pub and nightclub, sales for the club, sales for the pub, sum expenditure for the hotel, expenditure for the nightclub, expenditure for the pub, and room occupancy in the hotel. Using excel, regression analysis generates the avocation tables with coefficients.From the regression statistics, the superior value of adjusted R square indicates that the regression model explains a high percentage of the considered data, more than 95 %. The model can therefore be used to predict drink sales. The lower significance value from the ANOVA table, 0 relative to 0.05, also indicates that there exist solid relationship between drinking sales and the other variables. Further, the table of coefficients confirms that significant relationship exists between beverage sales and sales for the pub and sales for the nightclub.The hotels volume of sales equally depends on its 2 branches, pub, and club . Research into forecasting should therefore be diversified to investigate factors affecting sales in the devil branches of the

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