Industry automobile sales should be related to consumer sentiment. The following table provides a regression analysis in
Question:
Regression Statistics
Multiple R......................0.80113
R-squared.......................0.64181
Standard error..................0.81325
Observations....................120
For the independent variable and dependent variable, the means, standard deviations, and variances are as follows:
A. Find the expected sales and a 95 percent prediction interval for sales if the sentiment index has a value of 90.
B. Find the expected sales and a 95 percent prediction interval for sales if the sentiment index has a value of 100.
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Related Book For
Quantitative Investment Analysis
ISBN: 978-1119104223
3rd edition
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
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