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BIS 445 DeVry Week 5 I Lab

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<strong>BIS</strong> <strong>445</strong> <strong>DeVry</strong> <strong>Week</strong> 5 I <strong>Lab</strong><br />

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<strong>BIS</strong> <strong>445</strong> <strong>DeVry</strong> <strong>Week</strong> 5 i<strong>Lab</strong><br />

<strong>BIS</strong><strong>445</strong><br />

<strong>BIS</strong> <strong>445</strong> <strong>DeVry</strong> <strong>Week</strong> 5 i<strong>Lab</strong><br />

Predict sales patterns using simple linear regression<br />

Note! Submit your assignment to the Dropbox located on the silver tab at the top of this page. (See the Syllabus section<br />

"Due Dates for Assignments & Exams" for due dates.)<br />

Remember This! Connect to the i<strong>Lab</strong> here.<br />

iLAB OVERVIEW<br />

Scenario and Summary<br />

Joe Sanders scratched his head. He owned two Hungry Boy Subs franchises in a city. In an unusual arrangement, one<br />

of the franchises was located in the food court of the local mall. The other franchise was about two blocks down the<br />

street from the mall. The area in which Joe had purchased the franchises was in a new end of town, well-known for its<br />

good schools, professional offices, and well-kept neighborhoods. The area had been growing rapidly since Joe<br />

purchased the franchise about 10 months ago.<br />

Joe purchased the local mall's sub shop first, and found it to be immensely successful. Encouraged by the success of<br />

the food court shop, he went on to purchase a new franchise in a street vendor area up the street. Even though the two<br />

franchises were close together geographically, he felt they catered to different markets; one to mall employees and<br />

mall-goers, and another to passers-by who had no intention of going to the mall.<br />

Joe thought the sales patterns of his sales at the food court would help him forecast sales of his street location, and<br />

thus help him determine quantities of various products to order. Particularly, Joe wanted to forecast the number of<br />

drinks he would sell in each period and the percent of sales that are cold drinks.<br />

Therefore, Joe collected data from both franchises and decided to do an analysis to see if he could design a forecasting<br />

model for each location. He was also interested in analyzing buying patterns in both franchises to see if there were any<br />

similarities or differences. The data is found in DrinkSales.txt.<br />

Your task is to predict sales patterns using simple linear regression. You will import the comma delimited file into a SQL<br />

database table that has marketing research data on drinking patterns and perform some basic analyses on this data<br />

by creating a scatter plot. After you analyze this data you will use simple regression to try to predict drink patterns.<br />

Deliverables<br />

Submit the YourName_<strong>Lab</strong>5_Questions.docx to the <strong>Week</strong> 5 i<strong>Lab</strong> Dropbox.<br />

Section Deliverable Points<br />

Part A Import comma delimited file and create SQL 2008 table. 10<br />

Part B Create scatter plots on drink sales. 20


Part C Regression analyses on drink sales. 30<br />

iLAB STEPS<br />

Preparation<br />

Back to Top<br />

Download the <strong>Week</strong>5_<strong>Lab</strong>5_Questions.docx from DocSharing. You will answer the questions and provide screen prints<br />

as required for each part of the lab.<br />

Create a folder on your local drive named Transfer.<br />

Download the <strong>Week</strong>5_DrinkSales.txt file from DocSharing to your Transfer folder.<br />

Login to the Citrix remote lab.<br />

Follow the login instructions located in the i<strong>Lab</strong> tab in Course Home.

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