Mathematics, 26.04.2021 23:50, yashddsy7823
Harry manages a sales force which sells several products in different sales territories. A random sample of 25 territories were selected and the data is provided in an Excel worksheet labelled Harrys. The variables include total sales credited to the sales representative (Sales), the length of time employed in months (time), the market potential (Poten), the advertising expense for the territory (AdvExp), the market share (Share), the change in market share over the previous three years (Change), the number accounts assigned to the sales representative (accounts), an index representing the workload (work), the rating on the last performance review (rating) and whether it is a star territory (star territories have performed well in the past). Using the methods discussed in this class, determine the “best” regression model to predict Sales. Write a brief report (less than two pages) summarizing your analysis, including key statistical results, conclusions, and recommendations. Include any appropriate technical material in an appendix.
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