Predicting Sales for the Next Generation of Consoles in 2020

Abstract

This paper will predict sales for the next generation of consoles by using the data of its predecessors. The estimated sales will be used to approximate the probability of a console selling within a range of possible units, the probability of one console outselling the other, and whether it will sell more than its predecessors. The two game consoles that will be researched in this paper are PlayStation and Xbox. Mathematical calculations and arguments will be included to support the findings of the results. Methods and programs such as Simple Linear Regression, Poisson Distribution and MATLAB are used for calculations.