Adding variation
Your analysis suggests the weather didn't cause the drop in sales either, but there might have been other outside factors that influenced sales. As we reviewed, you can add random variation to your data to model different circumstances. More specifically, we'll add variation to the quantities of items purchased in our models to see the effects of different sales volumes.
Use the functions described in the video to add variation to the data to see if your price changes might increase sales under other circumstances.
This exercise is part of the course
Error and Uncertainty in Google Sheets
Exercise instructions
- In cells
E3:E10
, generate a random number between 0 and 2. - In cells
F3:F10
, use the random number you generated to compute the new sale amount (price times quantity).
Hands-on interactive exercise
Turn theory into action with one of our interactive exercises
