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Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $17.0 million eas Sales for these NCMS for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR 1 2 3 QUANTITY (UNITS) 17 23 31 21 Y = QUARTER THIS YEAR 1 2 3 4 a. Find the equation of a simple linear regression line using Excel. Note: Round your answers to 3 decimal places. 20.536 + QUANTITY (UNITS) 16 29 33 20 0.7141

Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $17.0 million eas Sales for these NCMS for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR 1 2 3 QUANTITY (UNITS) 17 23 31 21 Y = QUARTER THIS YEAR 1 2 3 4 a. Find the equation of a simple linear regression line using Excel. Note: Round your answers to 3 decimal places. 20.536 + QUANTITY (UNITS) 16 29 33 20 0.7141

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $17.0 million each. Sales for these NCMS for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR 3 4 QUANTITY (UNITS) 17. 23 31 21 Y= a. Find the equation of a simple linear regression line using Excel. Note: Round your answers to 3 decimal places. Last Year This Year 20.536 + QUARTER THIS YEAR 1 2 3 4 b. Compute trend and seasonal factor from a linear regression line obtained with Excel. Note: Do not round intermediate calculations. Round your answers to 3 decimal places. Period 1 2 3 4 1 2 QUANTITY (UNITS) 16 29 33 20 3 4 0.7141 Trend Forecast 0.800 1.047 1.367 0.898 0.664 1.168 1.292 0.762 Seasonal Factors 0.732 1.108 1.330 0.830 0.732 1.108 1.330 0.830
Transcribed Image Text:Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $17.0 million each. Sales for these NCMS for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR 3 4 QUANTITY (UNITS) 17. 23 31 21 Y= a. Find the equation of a simple linear regression line using Excel. Note: Round your answers to 3 decimal places. Last Year This Year 20.536 + QUARTER THIS YEAR 1 2 3 4 b. Compute trend and seasonal factor from a linear regression line obtained with Excel. Note: Do not round intermediate calculations. Round your answers to 3 decimal places. Period 1 2 3 4 1 2 QUANTITY (UNITS) 16 29 33 20 3 4 0.7141 Trend Forecast 0.800 1.047 1.367 0.898 0.664 1.168 1.292 0.762 Seasonal Factors 0.732 1.108 1.330 0.830 0.732 1.108 1.330 0.830
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