Problem #2b:It is believed that a trend, as well as seasonality, may be present in the data. Toaccount for the trend, another multiple regression equation was computed usingthe quarter dummy variables and time period (t). Letting t = 1 refer to theobservation in Quarter 1 of Year 1; t = 2 to refer to the observation in Quarter 2 ofYear 1; ... and t = 12 to refer to the observation in Quarter 4 of Year 3.SUMMARY OUTPUTRegression StatisticsMultiple R0.995376R Square0.990773Adjusted R Square0.985501Standard Error89.82788Observations12ANOVAdfSSMSSignificance FFRegression46065391.671516347.92187.920.00000034Residual56483.338069.05Total116121875.00ITIACoefficientsStandard Errort StatP-valueIntercept2306.6782.0028.130.000000018Qtrl-642.2977.118.330.00007Qtr2-1465.4275.04-19.530.00000023Qtr3349.7973.774.740.00210424623.137.942.910.022577878Based on this new multiple regression model, compute the four quarterly forecastsfor next year using the above Excel output.

Answered: Image /qna-images/answer/52a869b0-9ca2-4453-bd86-7d555656d28f.jpg

Answered: Problem #2b: It is believed that a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

1.
The following chart shows the actual sales for the last 12 months for a given company. Assume that sales are best fit by a linear trend and you can use single linear regression to set up a forecasting model. Using the sales data answer below questions (justify your answers): A.What would be the typical linear regression equation for the number of sales? B.Make the sales forecast for period 15 of next year. C. Make the sales forecast for period 17 of next year. D. What is the standard error for the data?
To assess the relationship between monthly sales of a product and monthly advertising expenditure(both in thousands of dollars); a linear regression model was fitted using data for 20 months and results were as follows: s.e(8) Variable B Intercept 6.3812 advert 1.1762 0.0786 (a) From the results, we can say that an increase of 1000 dollars in monthly expenditure is associated with an increase of 1.1762 dollars in average sales. an increase of 1.1762 dollars in monthly expenditure is associated with an increase of one dollar in average selling price. an increase of 1000 dollars in monthly expenditure is associated with an increase of 1176.2 dollars in average sales. an increase of one dollar in monthly expenditure is associated with an increase of 1.1762 dollars in average sales. <
Holy...I’m stuck on these. I really don’t know how to do them. I added a picture of the questions
The following table gives the data for the hours students spent on homework and their grades on the first test. The equation of the regression line for this data is yˆ=43.097+1.15x. This equation is appropriate for making predictions at the 0.01 level of significance. If a student spent 32 hours on their homework, make a prediction for their grade on the first test. Round your prediction to the nearest whole number. Hours Spent on Homework and Test Grades Hours Spent on Homework 30 30 31 42 11 27 34 47 5 29 Grade on Test 83 75 75 96 45 76 97 85 53 75
Which of the following is true of a linear regression line? a. Located as close as possible to all the points of a scatter chart. B. Is defined by an equation having 2 parameters: the slope and the intercept c. Provides an approximate relationship between the values of two parameters d. All of the above
The following table gives the personal savings (in billions of dollars) in the United States for selected years. Year 2005 2010 2011 2012 2013 2014 2015 2016 Personal Savings (billions) $153.8 189.3 187.5 142.0 155.7 152.1 175.6 199.6 5. Find the average rate of change between the years 2010 and 2012. 6. Interpret questions 4 and 5 on the graph. 7. Find the point of inflection of the regression equation and interpret what it means.
1. School administrators believe their freshman applications are influenced by two variables: tuition and the size of the applicant pool of eligible high school seniors in the state. The following data for an 8-year period show the tuition rates (per semester) and the sizes of the applicant pool for each year: Tuition in pesos Applicants Pool Applicants 27000 76,200 11,060 37500 78,050 10,900 41250 67,420 8,670 42000 70,390 9.050 46500 62,550 7,400 48750 59,230 7,100 52500 57,900 6,300 57900 60,080 6,100
Consider the following passage: I ran a regression, with many variables to predict the result of another variable which was the murder rate. One can see that lots of things, can cause the murder rate to increase or decrease. I tried to account for all the important factors, and those factors are the SAT scores, unemployment rate, and international migration per 1,000. The SAT score is, average combined total score participants did on the SAT exam. The unemployment rate is, "a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force." (Wikipedia) International migration per 1,000 is, the number of people who come into a state from other countries per 1,000 people who live in the state. After I run the regression I will look at the t scores and p values and I should hopefully conclude that international migration does not cause crime. Which writing mistakes, if any, did…
9 students were surveyed to see what their age is and what their income level is. Find the equation of the line using linear regression. We want to predict their age using their income. age 18 24 38 22 19 35 28 19 27 income 456 786 835 855 645 244 587 1400 975 Just a side note, the 19 year old is making 1400, would be considered an outlier since they are making way more than everyone else. (y=-.0061x+34.9874 4 decimals) y=30.3709-.0064
Q6. The outcome variable in a linear regression is best measured on which of the following scales? a. Categorical B. Continuous C. Ordinal D. None of the above
Suppose that a simple linear regression model is appropriate for describing the relationship between y = house price (in dollars) and x = house size (in square feet) for houses in a large city. The population regression line is y = 22,500 + 43x and ?e = 4,000. b) Approximately what proportion of 2,000 sq ft homes would be priced over $110,000? (You may need to use a table. Round your answer to four decimal places.) Approximately what proportion of 2,000 sq ft homes would be priced under $100,000? (You may need to use a table. Round your answer to four decimal places.)

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

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

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS