PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Purchase, New York. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001, which added the Gatorade brand to its portfolio. As of January 26. 2012, 22 of PepsiCo's brands generated retail sales of more than $1 billion
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Purchase, New York. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001, which added the Gatorade brand to its portfolio. As of January 26. 2012, 22 of PepsiCo's brands generated retail sales of more than $1 billion
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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Solve on excel.
![PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered
in Purchase, New York. PepsiCo has interests in the manufacturing, marketing, and distribution
of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the
merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its
namesake product Pepsi to a broader range of food and beverage brands, the largest of which
included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001,
which added the Gatorade brand to its portfolio.
As of January 26, 2012, 22 of PepsiCo's brands generated retail sales of more than $1 billion
apiece, and the company's products were distributed across more than 200 countries, resulting in
annual net revenues of $43.3 billion. Based on net revenue, PepsiCo is the second largest food
and beverage business in the world.
Your consulting firm has been hired to forecast the total revenues for PepsiCo, Inc. for each
quarter of 2021. The company's past seasonal revenues are located below.
Quarter 1
$12,049
$12,562
$12,884
$13,881
Total Revenues ($millions)
Quarter 2
$15,710
$16,090
$16,449
$15,945
Quarter 3
$16,240
$16,485
$17,188
$18,091
Quarter 4
$19,526
$19,524
$20,640
$22,455
Fiscal Year (FY)
2017
2018
2019
2020
Before continuing to the problems below, construct a time series plot (line chart) of
PepsiCo revenue data. Use the data and this chart to answer the questions below. Apply
smoothing techniques to forecast PepsiCo revenues.
2. Because the data are categorized by quarter, the forecast may need to account for
seasonal impacts. Use the multiple regression model defined below to forecast PepsiCo's
revenues.
Develop an estimated regression equation [F = bo + bịQ2 + b2Q3 + b3Q4] using
the following dummy variables to only account for seasonal effects in the data:
(a)
Q2 = 1 if quarter 2, 0 otherwise
Q3 = 1 if quarter 3, 0 otherwise
Q4 = 1 if quarter 4, 0 otherwise
Using a= 0.05, discuss the significance (R-square, F-test and t-tests) of the
equation in part (a).
(b)
Based upon the regression equation, compute each quarter (1t, 2nd, 3rd and 4th) of
2021.
(c)
Analyzing the time series chart previously constructed, does the regression
equation appear to be the most appropriate method of forecasting for this data?
Explain.
(d)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb4fd4aa7-ffaa-45f5-a4ad-104dc0e7ed8a%2F660e58d5-0c4b-44b7-b841-559a98b453d6%2Fp5ac7gk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered
in Purchase, New York. PepsiCo has interests in the manufacturing, marketing, and distribution
of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the
merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its
namesake product Pepsi to a broader range of food and beverage brands, the largest of which
included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001,
which added the Gatorade brand to its portfolio.
As of January 26, 2012, 22 of PepsiCo's brands generated retail sales of more than $1 billion
apiece, and the company's products were distributed across more than 200 countries, resulting in
annual net revenues of $43.3 billion. Based on net revenue, PepsiCo is the second largest food
and beverage business in the world.
Your consulting firm has been hired to forecast the total revenues for PepsiCo, Inc. for each
quarter of 2021. The company's past seasonal revenues are located below.
Quarter 1
$12,049
$12,562
$12,884
$13,881
Total Revenues ($millions)
Quarter 2
$15,710
$16,090
$16,449
$15,945
Quarter 3
$16,240
$16,485
$17,188
$18,091
Quarter 4
$19,526
$19,524
$20,640
$22,455
Fiscal Year (FY)
2017
2018
2019
2020
Before continuing to the problems below, construct a time series plot (line chart) of
PepsiCo revenue data. Use the data and this chart to answer the questions below. Apply
smoothing techniques to forecast PepsiCo revenues.
2. Because the data are categorized by quarter, the forecast may need to account for
seasonal impacts. Use the multiple regression model defined below to forecast PepsiCo's
revenues.
Develop an estimated regression equation [F = bo + bịQ2 + b2Q3 + b3Q4] using
the following dummy variables to only account for seasonal effects in the data:
(a)
Q2 = 1 if quarter 2, 0 otherwise
Q3 = 1 if quarter 3, 0 otherwise
Q4 = 1 if quarter 4, 0 otherwise
Using a= 0.05, discuss the significance (R-square, F-test and t-tests) of the
equation in part (a).
(b)
Based upon the regression equation, compute each quarter (1t, 2nd, 3rd and 4th) of
2021.
(c)
Analyzing the time series chart previously constructed, does the regression
equation appear to be the most appropriate method of forecasting for this data?
Explain.
(d)
![PepsiCo, Inc.
(from SEC fillings)
Net
Revenue ($million)
Quarter
1st
Year
$12,049
$15,710
2017
2nd
3rd
$16,240
4th
$19,526
2018
1st
$12,562
$16,090
$16,485
$19,524
$12,884
2nd
3rd
4th
2019
1st
2nd
$16,449
$17,188
$20,640
$13,881
3rd
4th
2020
1st
2nd
$15,945
3rd
$18,091
$22,455
4th](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb4fd4aa7-ffaa-45f5-a4ad-104dc0e7ed8a%2F660e58d5-0c4b-44b7-b841-559a98b453d6%2F0w4s1wj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:PepsiCo, Inc.
(from SEC fillings)
Net
Revenue ($million)
Quarter
1st
Year
$12,049
$15,710
2017
2nd
3rd
$16,240
4th
$19,526
2018
1st
$12,562
$16,090
$16,485
$19,524
$12,884
2nd
3rd
4th
2019
1st
2nd
$16,449
$17,188
$20,640
$13,881
3rd
4th
2020
1st
2nd
$15,945
3rd
$18,091
$22,455
4th
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