Kwik lubricator Case Study Compute the pass for Kwik Lube stations during the go bad two years development trend summary. How accurate stinker results claim to be? With a -.01 bias and a measly tracking symbol, the forecast compend substantiates Dick Johnsons argument that the presence of competition course directly into Kwik Lubes profit. A trend analysis was conducted and projects sales in the occur of $1,419,445 and $1,530,445 for 2006 and 2007, respectively. Comparing the gross sales forecast to actual sales, this results in a bolshie of $309,445 in 2006 and $420,445 in 2007. [pic] Now, use the entropy in Table 1 and regression analysis, to compute the neediness for Kwik Lube stations during the belong two years. How accurate bay window results claim to be? |(untitled) Summary | |Measure |Value | | hallucination Measures |Â | |Bias (Mean defect) |0 | |MAD (Mean Absolute Deviation) |29611.49 | |MSE (Mean Squared Error) |1284291000 | | monetary standard Error (denom=n-2-0=6) |41381.01 | |MAPE (Mean Absolute Percent Error) |.03 | |Regression line |Â | |Dpndnt var, Y = 89527.
02 |Â | |+ 2.78 * X1 |Â | |Statistics |Â ! | | correlativity coefficient |.99 | |Coefficient of determination (r^2) |.97 | Was it worth $30,000 to perform the marketing seek that obtained the data in Table 1? If you were trying to pay tush if the return on the investment of $30,000 was worth the monetary loss alone, the answer is no. However, the information validates the statistical cast raise solely on the owners franchises data. This purchased data and the results prove that the results of the initial instance werent rigged or otherwise altered to make...If you want to buzz off a full essay, order it on our website:
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