Using the data from exercise 31, fit an appropriate polynomial trend model along with seasonal dummies to

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Using the data from exercise 31, fit an appropriate polynomial trend model along with seasonal dummies to make a forecast for November and December of 2010

Exercise 31

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Business Statistics Communicating With Numbers

ISBN: 9780078020551

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Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Dec 20, 2016 09:48 AM

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Using the data from exercise 31, fit an appropriate polynomial trend model along with seasonal dummies to

Question:

Year 2005 2005 Month Jan Feb Consumer Sentiment 95.5 91.2 2010 Oct 67.7

Step by Step Answer:

The cubic trend appears to fit the data The Excel regression output for cubic trend is presented b...View the full answer

Business Statistics Communicating With Numbers

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