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Svedka

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Running head: SVEDKA VODKA Svedka Vodka Name Course Number State, University Instructor Date SVEDKA VODKA 2 A close evaluation of the trend lines of the particular brands depicts that the advertising expenditures highly impact some brands while other brands are not. For instance, the regression analysis of the data set depicts that the p-value is higher meaning that there is a significant relationship between the type of brand and the total expenditures incurred by the brands in carrying out advertisements of their products and services. For instance, for the absolute brand, the number of dollar sales increase significantly with the increase in the number of total adverts. Therefore there is a significant relationship between the total dollar sales of the brand and the total adverts. For the Belvedere, it is imperative to ascertain that there is no significant relationship between the dollar sales and the total adverts made by the company. The value of the correlation when computed in excel is 0.Ideally; a close observation depicts that the total sales increase and decrease at some point. When a scatter plot for the data sets and trends of Belvedere is plotted, it is observed that there is no significant relationship meaning that the advertising expenditures do not highly impact the brand. For the Chopin Brand, it is also important to ascertain that there is no significant relationship between the dollar sales and total expenses in advertising. Therefore the absolute bra ...
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