Following time senes data Pated quarter Year 1 Year 3 Year 3 7. 4 4. (a) Construct a time series plot. What type of pattern exists in the data O The time sertes plot showws a inear trend and ne seasonal pattern in the data The time senes plot shows a linear trend and a seasonal pattern in the data The time sertes plot shows a hortontal pattern, but there is alse a seasonal pattern in the tata O The time senes plot shows a horizontal pattern and ne seasonal pattern in the data (b) Use a multiple regressian madel with dummy variables as foitows to eeveleo an euation te acceut for sesonal ffects in the data. (Rand your numencal values to three decimal places) -quarter 1, 0 otherwise; , if quarter 2,0 otherwise, , Quarter 3, 0 otherwise (c) Compute the quarterly forecasts for the next year based on the model you developed in part (b). (Round yeur answers to twe decimal places) quarter 1 forecast quarter 2 forecast quarter 3 forecast quarter 4 forecast
Following time senes data Pated quarter Year 1 Year 3 Year 3 7. 4 4. (a) Construct a time series plot. What type of pattern exists in the data O The time sertes plot showws a inear trend and ne seasonal pattern in the data The time senes plot shows a linear trend and a seasonal pattern in the data The time sertes plot shows a hortontal pattern, but there is alse a seasonal pattern in the tata O The time senes plot shows a horizontal pattern and ne seasonal pattern in the data (b) Use a multiple regressian madel with dummy variables as foitows to eeveleo an euation te acceut for sesonal ffects in the data. (Rand your numencal values to three decimal places) -quarter 1, 0 otherwise; , if quarter 2,0 otherwise, , Quarter 3, 0 otherwise (c) Compute the quarterly forecasts for the next year based on the model you developed in part (b). (Round yeur answers to twe decimal places) quarter 1 forecast quarter 2 forecast quarter 3 forecast quarter 4 forecast
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:(d) Use a multiple regression model to develop an equation to account for trend and seasonal effects in the data Ue the dummy veriables you develped in part () t cepture seasoral effects and
create a variable t such that t-i for quarter 1 in year 1, -2 for quarter 2 in year 1,t12 rqarter 4yar1nd your numeric vels t thee deome piaces
(e) Compute the quarterty forecasts for the next year based on the model you developed in part (a). (Round your answers to twe decimal places
quarter 1 forecast
quarter 2 forecast
quarter 3 forecast
quarter 4 forecast
O Is the model you developed in part (b) or the model you developed in part (d) more tective ustity your answe
O The model in part (b) appears to be more effective since there is no linear trend visibie in the data
O The model in part (b) appears to be more effective since it has a higher MSE than the model in part (d)
O The model in part (d) appears to be mere effective since it has a lower MSE than the model in part (b).
O The model in part (b) appears to be more effective since it has a lower MSE than the model in part (d).
O The model in part (d) appears to be more effective since it has more variables then the madel in part (b).

Transcribed Image Text:Censider the following time series data
giaoaverqueston47e09s6.2
Pasted
pdale
Quarter Year 1
Year 2
Year 3
2.
3.
(a) Construct a time series plot. What type of pattern eists in the data?
O The time series plot shows a inear trend and ne seasonal pattern in the data
O The time series plot shows a inear trend and a seasonal pattern in the data
O The time series plot shows a horizontal pattern, but there is alse a seasonal pattern in the data
O The time senes plot shows a horizontal pattern and no seasonal pattern in the data
(b) Use a multiple regression model with dummy variables as foilows to develep an equation te account for seasonal effects in the data. (Rund vour numencal values to three decimal places)
*-1r quarter 1, o otherwise; x,-1if quarter 2. 0 otherwise: Quarter 3, 0 otherwise
(c) Compute the quarterly forecasts for the next year based on the model you developed in part (b) (Round your answers to two decimal places.)
quarter 1 forecast
quarter 2 forecast
quarter 3 forecast
quarter 4 forecast
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