Analysis for Sales Revenue and Economic Index: CPI with Business Statistics Methods

Abstract

This report is focus on different descriptive and inferential statistical methods and analytical tools by analyzing a public company named Blackmores Limited (ASX: BKL) listed on the Australian Stock Exchange. Firstly, Sales Revenue in Blackmores Limited and macroeconomic variable CPI are compared with statistical methods including two correlation coefficients. Furthermore, prediction data for 2016 and 2017 are also included. In addition, prediction Sales Revenue for 2016 and 2017 is also existed by using semi-average method and least squares method. Finally, this report will evaluate all measuring and prediction methods.