Purchase Solution

Time series & Regression analysis

Not what you're looking for?

Ask Custom Question

Part A Scatter plot

1) Does it look linear?

Part B Regression Analysis

1.) What is the regression equation?

2.) What are the predictions for 2006 and 2007?

Part C Working file

1.) Attach the document with the calculations

--------------------------------------------------------------------------------

INSTRUCTIONS

MegaStat Users
A. Create a scatterplot in MegaStat for t vs. Sales (select Markers and Lines).

B. Run the regression analysis making predictions for 2006 and 2007.
+ Specify Durbin-Watson calculation.

--------------------------------------------------------------------------------

Non MegaStat Users
A. Create a XY (Scatter) in Chart for t vs. Sales

B. Run the regression analysis to make predictions for 2006 and 2007.
+ X = t
+ Y = Sales
+ Create a regression equation
+ Substitute X = 15 and calculate predicted Sales value.
+ Substitute X = 16 and calculate predicted Sales value.

Purchase this Solution

Solution Summary

The solution provides step by step method for the calculation of time series and regression model for a given set of data . Formula for the calculation and Interpretations of the results are also included.

Purchase this Solution


Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.