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Statistical Parameters of the Company ABC - Essay Example

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This essay declares that the company ABC has provided quarterly sales data for years from the year 2000 through 2004.  This assignment uses the values of the data set to study statistics of the past performance of the company and predict the future quarterly sales for years 2005 and 2006…
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Statistical Parameters of the Company ABC

As the paper stresses, sales in the second quarter in every year decreased with respect to the first quarter; however, it kept growing in q3, and q4. This implies the seasonal influence on sales of this product. Nevertheless, the general trend of sales per year demonstrates growth, which is also confirmed by the mean and median values displayed in Table 1 and Figure 3. Percentile and Quartile Comparison of Sales. The data set consists of 20 values. The company achieved 25 percentile in the fourth quarter of 2000; 50 percentile in the second quarter of year 2003, and 75 percentile in the third quarter of 2003. The study reveals that it took 14 quarters to achieve first 50 percentile while the company achieved the second 50 percentile in 6 quarters. The growth should be considered as fast starting from the year 2003. In this year, the company achieved 17% growth in the third quarter with respect to second quarter. The sample data set consists of 30 values and it shows a trend of sales through five years. The aforementioned section provided an analysis of past trend, which are displayed in tables and graphs. This section focuses on the evaluation of quarterly sales for the next two years based on the history of previous sales. The future sales prediction is performed using regression analysis and time series technique. Regression Analysis. Regression analysis prediction is based on the interdependency of two variables; one is independent and the other is dependent. In this study, sales are the dependent variables that follow a seasonal trend, which is displayed in Figure 5. The seasonal trend in this analysis is considered as independent variable. ... Read More
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