Business Report – Descriptive Modeling using word and excel
Business Memo Parts
Part 1 (1 point) Problem Presented:
In your own words, define a problem statement which reflects the challenge facing Magic Foods leadership.
Part 2 (2 points) Summary of Analysis:
Discuss the results of your calculations and causal analysis of the relationships and quality of impact between company sales and all predictor variables. Include implications for future data collection and analysis. Illustrate your answers within the report with appropriate statistics and visualizations.
Part 3 (2 points) Recommendations:
Provide recommendations for the Magic Foods’ management. Focus on what the correlation analysis implies – which independent variable relationships should the company focus on and why? In other words, what is most important for the company to focus on? How do you suggest the company address this area or areas to achieve additional sales?
