Graph (ii) What type of pattern exists in the data? Is there an indication of a seasonal pattern? Horizontal pattern, with seasonality Use a multiple linear regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data: Qtr = 1 if quarter 1,0 otherwise; Qtr otherwise; Qtr3 = 1 if quarter 3, 0 otherwise. For subtractive or negative numbers use a minus sign even there is a + sign before the blank. (Example: -300) + Qtri + Qtrz + Qtr3 Compute the quarterly forecasts for next year. Year Quarter Ft 4 1

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Graph (ii)
What type of pattern exists in the data? Is there an indication of a seasonal pattern?
Horizontal pattern, with seasonality
(b) Use a multiple linear regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data: Qtri = 1 if quarter 1, 0 otherwise; Qtr2 = 1 if quarter 2, 0
otherwise; Qtr3 = 1 if quarter 3, 0 otherwise. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)
Qtri +
Qtr2 +
Qtr3
(c) Compute the quarterly forecasts for next year.
Year Quarter
Ft
4
4
2
4
3
4.
Transcribed Image Text:Graph (ii) What type of pattern exists in the data? Is there an indication of a seasonal pattern? Horizontal pattern, with seasonality (b) Use a multiple linear regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data: Qtri = 1 if quarter 1, 0 otherwise; Qtr2 = 1 if quarter 2, 0 otherwise; Qtr3 = 1 if quarter 3, 0 otherwise. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300) Qtri + Qtr2 + Qtr3 (c) Compute the quarterly forecasts for next year. Year Quarter Ft 4 4 2 4 3 4.
Consider the following time series:
Quarter Year 1 Year 2 Year 3
1
69
66
60
2
44
36
46
3
60
62
55
4
79
82
73
Transcribed Image Text:Consider the following time series: Quarter Year 1 Year 2 Year 3 1 69 66 60 2 44 36 46 3 60 62 55 4 79 82 73
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman