Example of regression analysis forecast

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Reference no: EM132132002

1. Which of the following is an example of a regression analysis forecast?

O To determine how many hamburgers to sell tomorrow based on yesterday’s weather

O To determine how many hamburgers to sell tomorrow based on next year’s budget limit

O To determine how many hamburgers to sell tomorrow based on one’s gut feeling

O To determine how many hamburgers to sell tomorrow based on next year’s sales figure

2. Which of the following demand data exhibit(s) a seasonality pattern?

O Bread consumption over a month

O Electricity usage over a 24 hour period

O Stock prices over a year

O Number of people having access to a telephone land line over a year

( please explain why)

3. Stella manages the computer department at Mega Tech, Inc. She helps the organization implement its general guidelines by managing the specific operations related to her department. Stella is a

middle manager.

first-line manager.

top manager. supervisor.

chief executive officer.

Reference no: EM132132002

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