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(20 points) Run a regression of Walmart Sales (y) on both CPI and Retail Price Index. Is this a good model? Are any points odd?
- (20 points) Run a regression of Walmart Sales (y) on both CPI and Retail Price Index.
- Is this a good model? Are any points odd? What is interesting about those odd points?
Sales ($B) | CPI | Retail Price Index |
14.764 | 552.7 | 301337 |
23.106 | 552.1 | 357704 |
12.131 | 554.9 | 281463 |
13.628 | 557.9 | 282445 |
16.722 | 561.5 | 319107 |
13.98 | 563.2 | 315278 |
14.388 | 566.4 | 328499 |
18.111 | 568.2 | 321151 |
13.764 | 567.5 | 328025 |
14.296 | 567.6 | 326280 |
17.169 | 568.7 | 313444 |
13.915 | 571.9 | 319639 |
15.739 | 572.2 | 324067 |
26.177 | 570.1 | 386918 |
13.17 | 571.2 | 293027 |
15.139 | 574.5 | 294892 |
18.683 | 579 | 338969 |
14.829 | 582.9 | 335626 |
15.697 | 582.4 | 345400 |
20.23 | 582.6 | 351068 |
15.26 | 585.2 | 351887 |
15.709 | 588.2 | 355897 |
18.618 | 595.4 | 333652 |
15.397 | 596.7 | 336662 |
17.384 | 592 | 344441 |
27.92 | 589.4 | 406510 |
14.555 | 593.9 | 322222 |
18.684 | 595.2 | 318184 |
16.639 | 598.6 | 366989 |
20.17 | 603.5 | 357334 |
16.901 | 606.5 | 380085 |
21.47 | 607.8 | 373279 |
16.542 | 609.6 | 368611 |
16.98 | 610.9 | 382600 |
20.091 | 607.9 | 352686 |
16.583 | 604.6 | 354740 |
18.761 | 603.6 | 363468 |
28.795 | 604.5 | 424946 |
20.473 | 606.348 | 332797 |
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