Question: An Additive regression model for the Apple prices is: a) What is the name for the kind of variable called Jan in this model? b)

An Additive regression model for the Apple prices is:

a) What is the name for the kind of variable called Jan in this model?
b) Why is there no predictor variable for December?

ariabl Coefficient SE (Coeff) t-ratio P-value Intercept 114.825 29.46 Time Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov -3.90 0.0004 3.94 0.0004 -0.001438 0.0783 0.018 0.9855 -0.007062 0.0783-0.090 0.9287 0.046 0.9634 0.192 0.8488 0.749 0.4592 1.47 0.1501 2.21 0.0342 2.16 0.0383 0.624 0.5368 0.078 0.9381 -0.014249 0.0847 -0.168 0.8675 0.057746 0.0147 0.003626 0.0784 0.015064 0.0784 0.058751 0.0785 0.115689 0.0786 0.173627 0.0787 0.169815 0.0788 0.049253 0.0789 0.006191 0.0791

Step by Step Solution

★★★★★

3.37 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a The variable Jan is an indicator or dummy variable b The number of indicator or dum... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

452-M-S-D-A (1483).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

A second- order autoregressive model for the apple prices (for all 4 years of data) is Dependent variable is: Apples R squared = 78.1% R squared (adjusted) = 71.9% s = 0.0574 with 10 - 3 = 7 degrees...

For the Apple prices smoothed in Exercise 5, the actual value for January 2007 was 1.034. Find the absolute percentage error of your forecast.

For Table 4.3, fit a logistic regression model for the probability of a satellite, using color alone as the predictor. a. Treat color as nominal. Explain why this model is saturated. Express its...

An Additive regression model for the Apple prices is: a) What is the name for the kind of variable called Jan in this model? b) Why is there no predictor variable for December? c) Is there evidence...

An additive regression model for the Apple prices is: Dependent variable is: Apples R squared = 51.9% R squared (adjusted) = 34.9% s = 0.1108 with 47 - 13 = 34 degrees of freedom Variable Coefficient...

=+13. An Additive regression model for the Apple prices is: Dependent variable is: Apples R squared = 51.9% R squared (adjusted) = 34.9% s = 0.1108 with 47 - 13 = 34 degrees of freedom Variable...

GSB420 CLASS 7 STATISTICS (CH 9 - 12) Chapter 9. Page 1 of 15 Sampling Distribution The Central Limit Theorem (CLT) Population Mean= Sample Mean Sample Mean X1 Sample Mean X4 X2 Sample Mean X3 Sample...

For the data file: gotp R and type in >install.packages("alr4") data name is : MinnLand 6.14 Testing for lack-of-fit (Data file: MinnLand) Refer to the Minnesota farm sales data introduced in Problem...

I need your help with this: Can you please quote from the attached chapters / resource if possible? Corporations often use different costs of capital for different operating divisions. Using an...

COVER PAGE STAT 608 Homework 05 Summer 2017 Please TYPE your name and email address below, then convert to PDF and attach as the first page of your homework upload. NAME: EMAIL: HOMEWORK NUMBER:...

2-Phenylindole is prepared from the reaction of acetophenone and phenylhydrazine, a method known as the Fischer indole synthesis. Propose a mechanism for this reaction. (Hint: The reactive species is...

Explain how a company estimates bad debts using 1. The credit sales or income statement approach and 2. The accounts receivable or balance sheet approach.

You bought a stock one year ago for $ 5 0 . 7 2 per share and sold it today for $ 5 5 . 1 5 per share. It paid a $ 1 . 0 6 per share dividend today. If you assume that the stock fell $ 7 . 9 7 to $ 4...

A project comprises of a virtual team with team members located in different offices in the same city as well as across different cities. The project manager wishes to built trust and good working...

A movie theater has had a poor accounting system. The manager has no idea how many large containers of popcorn are sold per movie showing. She knows that the amounts vary by day of the week and hour...

According to a survey by Runzheimer International, the average cost of a fast-food meal (quarter-pound cheese-burger, large fries, medium soft drink, excluding taxes) in Seattle is $4.82. Suppose...

A survey of 77 commercial airline flights of under 2 hours resulted in a sample average late time for a flight of 2.48 minutes. The population standard deviation was 12 minutes. Construct a 95%...

2. Fashion Corp. has come up with a new product. One year ago, the company paid $120,000 for a marketing survey to determine the viability of this product. It is estimated that the product will...

Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.25 at the end of the year. Its dividend is expected to grow at a constant rate of 7.00% per year. If...

Last year Dania Corporation's sales were $525 million. If sales grow at 10.6% per year, how large (in millions) will they be 6 years later? a. $868.83 million b. $580.65 million c. $858.90 million d....