Question: Quarter Year 1 Year 2 Year 3 1 2 4 5 2 4 5 8 3 1 3 4 4 7 9 10 Use a

Quarter Year 1 Year 2 Year 3
1 2 4 5
2 4 5 8
3 1 3 4
4 7 9 10
Use a multiple regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data: Qtr1 = 1 if Quarter 1, 0 otherwise; Qtr2 = 1 if Quarter 2, 0 otherwise; Qtr3 = 1 if Quarter 3, 0 otherwise.
If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank (Example: -300). If the constant is "1" it must be entered in the box. Do not round intermediate calculation.
= _______+ Qtr1______ + Qtr2 _______+ Qtr3______________
Use a multiple regression model to develop an equation to account for trend and seasonal effects in the data. Use the dummy variables you developed in part (b) to capture seasonal effects and create a variable t such that t = 1 for Quarter 1 in Year 1, t = 2 for Quarter 2 in Year 1,... t = 12 for Quarter 4 in Year 3.
= ________ + Qtr1 _________+ Qtr2_______ + Qtr3 ________+ __________ t

Can you please help me solve this in excel.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!