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

Westar beverage - Statistics Project Examplealysis corresponds to the hotels monthly sales for both pub and nightclub, sales for the club, sales for the pub, total use for the hotel, expenditure for the nightclub, expenditure for the pub, and room occupancy in the hotel. Using excel, regression analysis generates the following confuses with coefficients.From the regression statistics, the high value of adjusted R material indicates that the regression model explains a high percentage of the considered data, more than 95 %. The model can therefore be used to predict beverage sales. The scorn significance value from the ANOVA table, 0 relative to 0.05, also indicates that there exist significant relationship between beverage 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 two branches, pub, and clu b. look into forecasting should therefore be diversified to investigate factors affecting sales in the two branches of the