>tt 1:32 > trend.1m 1m (sales > summary(trend.1m) - tt) #3###23 (i) #### Coefficients: Estimate Std. Error t value Pr(>|t|) (Intercept) 2107.220 57.997 36.332e-16 *** tt -43.500 3.067 -14.18 7.72e-15 *** > trend = ts (fitted (trend.1m), start-start (sales), freq-frequency (sales)) sales trend ###23%23 (ii) #### as.numeric((1:32 %% 4) > X > q1 > q2 > q3 > 94 = = = = - as.numeric((1:32 %% 4) as.numeric((1:32 %% 4) as.numeric((1:32 %% 4) == 1) 2) == == 3) == 0) > season.lm = 1m (resid (trend.1m) 0+q1 + q2 + q3 + q4) #3##23%23 (iii) #### > summary(season.1m) Coefficients: Estimate Std. Error t value Pr(>|t|) q1 -38.41 43.27 -0.888 0.38232 92 18.80 43.27 0.435 0.66719 q3 -134.78 43.27 -3.115 0.00422 ** 94 154.38 43.27 3.568 0.00132 ** > season = ts (fitted (season.lm), start=start (sales), freq=frequency (sales)) > Y X season %23%23%23%23 (iv) #### >ar (Y, aic=FALSE, order.max=1) #23%23%23%23 (v) #### Coefficients: 1 0.5704 Order selected 1 sigma 2 estimated as 9431 > ar(Y, aic=FALSE, order.max=2) #### (vi) #### Coefficients: 1 2 0.5574 0.0105 Order selected 2 sigma^2 estimated as 9437 1000 1500 2000 2010 Given that the sales for the four quarters of 2018 were 721, 935, 649, and 1071, use model-based forecasting to predict sales for the first quarter of 2019. (A point forecast is sufficient; you do not need to calculate a prediction interval.) Suggest one change to the fitted model which would improve the analysis. (You can assume that the choice of stochastic process at (v) in the R code is the correct one for these data.) 2012 2014 Time 2016 Figure 1: Quarterly video sales in Leeds "Disney" store. 2018

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 43E
Question
>tt 1:32
> trend.1m 1m (sales
> summary(trend.1m)
-
tt) #3###23 (i) ####
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) 2107.220
57.997 36.332e-16 ***
tt
-43.500
3.067 -14.18 7.72e-15 ***
> trend = ts (fitted (trend.1m), start-start (sales), freq-frequency (sales))
sales trend ###23%23 (ii) ####
as.numeric((1:32 %% 4)
> X
> q1
> q2
> q3
> 94
=
=
=
=
-
as.numeric((1:32 %% 4)
as.numeric((1:32 %% 4)
as.numeric((1:32 %% 4)
== 1)
2)
==
== 3)
==
0)
> season.lm = 1m (resid (trend.1m) 0+q1 + q2 + q3 + q4) #3##23%23 (iii) ####
> summary(season.1m)
Coefficients:
Estimate Std. Error t value Pr(>|t|)
q1
-38.41
43.27 -0.888 0.38232
92
18.80
43.27
0.435 0.66719
q3
-134.78
43.27
-3.115 0.00422 **
94
154.38
43.27 3.568
0.00132 **
> season = ts (fitted (season.lm), start=start (sales), freq=frequency (sales))
> Y X season %23%23%23%23 (iv) ####
>ar (Y, aic=FALSE, order.max=1) #23%23%23%23 (v) ####
Coefficients:
1
0.5704
Order selected 1 sigma 2 estimated as 9431
> ar(Y, aic=FALSE, order.max=2) #### (vi) ####
Coefficients:
1 2
0.5574 0.0105
Order selected 2 sigma^2 estimated as 9437
Transcribed Image Text:>tt 1:32 > trend.1m 1m (sales > summary(trend.1m) - tt) #3###23 (i) #### Coefficients: Estimate Std. Error t value Pr(>|t|) (Intercept) 2107.220 57.997 36.332e-16 *** tt -43.500 3.067 -14.18 7.72e-15 *** > trend = ts (fitted (trend.1m), start-start (sales), freq-frequency (sales)) sales trend ###23%23 (ii) #### as.numeric((1:32 %% 4) > X > q1 > q2 > q3 > 94 = = = = - as.numeric((1:32 %% 4) as.numeric((1:32 %% 4) as.numeric((1:32 %% 4) == 1) 2) == == 3) == 0) > season.lm = 1m (resid (trend.1m) 0+q1 + q2 + q3 + q4) #3##23%23 (iii) #### > summary(season.1m) Coefficients: Estimate Std. Error t value Pr(>|t|) q1 -38.41 43.27 -0.888 0.38232 92 18.80 43.27 0.435 0.66719 q3 -134.78 43.27 -3.115 0.00422 ** 94 154.38 43.27 3.568 0.00132 ** > season = ts (fitted (season.lm), start=start (sales), freq=frequency (sales)) > Y X season %23%23%23%23 (iv) #### >ar (Y, aic=FALSE, order.max=1) #23%23%23%23 (v) #### Coefficients: 1 0.5704 Order selected 1 sigma 2 estimated as 9431 > ar(Y, aic=FALSE, order.max=2) #### (vi) #### Coefficients: 1 2 0.5574 0.0105 Order selected 2 sigma^2 estimated as 9437
1000
1500
2000
2010
Given that the sales for the four quarters of 2018 were 721, 935, 649, and 1071,
use model-based forecasting to predict sales for the first quarter of 2019. (A point
forecast is sufficient; you do not need to calculate a prediction interval.)
Suggest one change to the fitted model which would improve the analysis. (You
can assume that the choice of stochastic process at (v) in the R code is the correct
one for these data.)
2012
2014
Time
2016
Figure 1: Quarterly video sales in Leeds "Disney" store.
2018
Transcribed Image Text:1000 1500 2000 2010 Given that the sales for the four quarters of 2018 were 721, 935, 649, and 1071, use model-based forecasting to predict sales for the first quarter of 2019. (A point forecast is sufficient; you do not need to calculate a prediction interval.) Suggest one change to the fitted model which would improve the analysis. (You can assume that the choice of stochastic process at (v) in the R code is the correct one for these data.) 2012 2014 Time 2016 Figure 1: Quarterly video sales in Leeds "Disney" store. 2018
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