Question
7). C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its
7).
C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:
Month | X | Sales (in $'000) |
May | 1 | 10 |
June | 2 | 20 |
July | 3 | 60 |
August | 4 | 50 |
September | 5 | 80 |
October | 6 | 60 |
Based on the attached summary output of the regression analysis, what are the values of a and b in the regression equation Y = a + b X
8).
C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:
Month | X | Sales (in $'000) |
May | 1 | 10 |
June | 2 | 20 |
July | 3 | 60 |
August | 4 | 50 |
September | 5 | 80 |
October | 6 | 60 |
Answer the following questions based on the attached summary output of the regression analysis. What is the sales forecast for December?
9).
C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:
Month | X | Sales (in $'000) |
May | 1 | 10 |
June | 2 | 20 |
July | 3 | 60 |
August | 4 | 50 |
September | 5 | 80 |
October | 6 | 60 |
Based on the attached summary output of the regression analysis, what is the value of the correlation coefficient?
10).
C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:
Month | X | Sales (in $'000) |
May | 1 | 10 |
June | 2 | 20 |
July | 3 | 60 |
August | 4 | 50 |
September | 5 | 80 |
October | 6 | 60 |
Based on the attached summary output of the regression analysis, what conclusion can be drawn?
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