How business statistics are important to business

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Question 1. Explain your business (150 words minimum).

Question 2. Explain how business statistics are important to your business (week 1 discussion). Elaborate on your five chosen statistics from week 1 (minimum 350 words).

Question 3. Identified two variables that are important to an area in your chosen business. Elaborate on the significance of your chosen variables (minimum 300 words).

Question 4. You completed a sales forecast for our chosen business. Provide a written rationale for your sales forecast with detailed explanations. Integrate your spreadsheet with the sales forecast into the Word document. The narrative should be no less than 350 words and the spreadsheet forecast should not exceed 1 page.

Question 5. Describe how you might use decision models in your business (week 5 discussion). Minimum word count for this part is 200 words.

Question 6. Describe how a continuous simulation model can benefit the business strategy decisions for your chosen business.

Reference no: EM132709443

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