Data Driven Decision Making
Answer the following questions I will provide additional documents that you need to complete the assignment.
Original Responses only
1) What is causal forecasting?
2)When applying causal forecasting to the CCW case in Chapter 10, (I Will attach the case study below) what is the dependent variable, and what is the independent variable?
3)Let’s think about how we might use causal forecasting in other applications.You are the manager of Starbucks in South Florida.Other than price, identify 2 other potential independent variables that affect the demand for Starbuck’s products, and then justify your answer briefly!
a)independent variable 1:
Justification:
b) independent variable 2:
Justification:
