Question

Quiz unit 7

Good afternoon,

I am trying to do the unit 7 quiz but, without success.

Are you able to help with the  question 1 and 2?

1- What would be the predicted sales with the following data:
 

 

2-How much additional profit would be generated if $250,000 were spent on automated ticket barrier investment? 

 

Best regards,

 

Celia

Answer 1

Hi all - just a reminder not to share answers on the Learning Community. You can however explain how you approached this or similar questions to help each other understand how to solve them :)

Answer 2

Hello Celia, a fellow student, and now affiliate here. I was struggling with the same unit. Initially I made it through guess work, however on a look back on the unit, the section under type of analytics explains it well. Hint: look at the section under the barbeque sales example, where they give a formula "y=a+bX+cX..."

Comments

Hi Ayush,

Many thanks for the information.


Best regards,
Celia

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i use the formula , still unable to get the answer

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Further information and tips on how to tackle this quiz can be found here https://opentuition.com/topic/ethics-and-professional-skills-module-unit-7