(a) Use MegaStat or MINITAB to deseasonalize the monthly Corvette sales data and t a trend. Interpret...
Question:
(b) Use MegaStat or MINITAB to perform a regression using seasonal binaries. Interpret the results.
(c) Use the regression equation to make a prediction for each month in 2008.
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U.S. Corvette Sales, 2004-2007 (number of cars sold) Month 2004 2005 2006 2007 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2,986 2,382 3,033 3,169 3,420 3,398 3,492 2,067 3,705 2,607 2,120 2,897 35,276 2,382 2,365 3,215 3,177 3,078 2,417 1,872 2,202 2,372 2,981 3,157 3,271 32,489 2,579 3,058 3,655 3,516 3,317 2,938 2,794 2,990 3,056 2,761 2,773 3,081 36,518 2,234 2,784 3,158 3,227 3,300 3,055 2.377 2,877 2,837 2,484 2,438 2,914 33,685 Total
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a No trend present but there is seasonality It is important to emphasize that 100 is the key reference point for a multiplicative seasonal index The c...View the full answer
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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