Using the econometric model (regression analysis) and a separate forecasting technique (such as moving average or exponential smoothing) for sales forecasts.
Results of the regression analysis must include:
1. An executive summary of the outcomes
2. Information supporting the choice of the variables, including the socio-enconomic variables ( I.e., justification for model specification.
3. Detail concerning the model development and data acquired
4. Estimation of the regression model
5. Test for statistical significance of estimated coefficients
6. Interpretation of the results with the implications to business policy, and
7. Estimation and interpretation of the elasticities and the implication to pricing strategy.
Please write 4 pages paper plus an Excel for the regression analysis.
I have attached an example for the regression analysis, you need to find a new company (famous company) to finish this project including the word and excel document
Please use simple language, don’t use long sentence.