Answer the following questions using the data from the Excel file amazon.xlsx described in Problem 16.30: a.

Question:

Answer the following questions using the data from the Excel file amazon.xlsx described in Problem 16.30:

Revenue (million $) Quarter 2015 2016 2017 22.72 29.13 35.71 2 23.19 30.40 37.96 3 25.36 32.71 43.74 4 35.75 43.74 60.50 1,


a. Forecast the advertising revenue for each quarter in 2018 using seasonal dummy variables and a best subsets regression.

b. Interpret the meaning of the coefficients for the seasonal dummy variables.

c. Calculate the MAD for this forecast.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9780134685267

3rd Edition

Authors: Robert A. Donnelly

Question Posted: