Question
Business performance can be affected various economic factors. Data on Autozone revenue (in million $) and disposable income (in million $) are collected in an
Business performance can be affected various economic factors. Data on Autozone revenue (in million $) and disposable income (in million $) are collected in an effort to study the relationship between company revenue and industry revenue. See data file Revenue 1. Estimate a simple linear regression using Autozone revenue as the dependent variable and disposable income as the independent variables
- Report the estimated regression line.
- Test the slope coefficient to determine the validity of the model. Use =0.05.
The data should be pasted into excel.
Date Revenue Disposable income 3/30/1990 133.5 6414.640 6/29/1990 155.0 6417.037 9/28/1990 239.9 6366.168 12/31/1990 165.5 6379.730 3/29/1991 153.6 6423.863 6/28/1991 185.0 6447.210 9/30/1991 313.9 6502.332 12/31/1991 215.8 6641.922 3/31/1992 197.1 6711.357 6/30/1992 239.8 6740.671 9/30/1992 349.7 6763.811 12/31/1992 252.5 6801.742 3/31/1993 242.3 6813.697 6/30/1993 282.8 6817.701 9/30/1993 439.2 6862.515 12/31/1993 322.8 6910.602 3/31/1994 303.2 6983.806 6/30/1994 358.2 7025.314 9/30/1994 523.8 7122.963 12/30/1994 389.8 7190.901 3/31/1995 364.1 7207.255 6/30/1995 425.5 7271.651 9/29/1995 628.8 7313.742 12/29/1995 463.0 7383.717 3/31/1996 425.8 7454.301 6/30/1996 524.2 7513.727 9/30/1996 829.6 7552.887 12/31/1996 569.1 7628.691 3/31/1997 538.0 7693.917 6/30/1997 637.9 7785.460 9/30/1997 946.3 7897.061 12/31/1997 675.3 8065.328 3/31/1998 607.1 8178.007 6/30/1998 743.7 8261.362 9/30/1998 1217.0 8328.480 12/31/1998 900.9 8403.080 3/31/1999 852.5 8423.895 6/30/1999 970.2 8480.303 9/30/1999 1393.0 8605.081 12/31/1999 1006.0 8774.569 3/31/2000 924.2 8865.621 6/30/2000 1059.0 8969.157 9/30/2000 1493.0 8999.501 12/31/2000 1064.0 9076.223 3/31/2001 974.0 9068.234 6/30/2001 1140.0 9282.636 9/30/2001 1641.0 9167.785 12/31/2001 1176.0 9390.812 3/31/2002 1081.0 9438.448 6/30/2002 1225.0 9426.253
9/30/2002 1843.0 9471.610 12/31/2002 1219.0 9498.000 3/31/2003 1121.0 9635.544 6/30/2003 1288.0 9793.433 9/30/2003 1829.0 9833.026 12/31/2003 1282.0 9904.677 3/31/2004 1159.0 10002.264 6/30/2004 1360.0 10054.941 9/30/2004 1836.0 10180.633 12/31/2004 1286.0 10082.492 3/31/2005 1204.0 10162.278 6/30/2005 1338.0 10214.447 9/30/2005 1882.0 10298.739 12/31/2005 1338.0 10533.962 3/31/2006 1254.0 10549.798 6/30/2006 1417.0 10579.888 9/30/2006 1939.0 10718.365 12/31/2006 1393.0 10788.663 3/31/2007 1300.0 10809.538 6/30/2007 1474.0 10837.871 9/30/2007 2003.0 10846.991 12/31/2007 1456.0 10925.264 3/31/2008 1339.0 11155.661 6/30/2008 1517.0 10899.245 9/30/2008 2211.0 10969.231 12/31/2008 1478.0 10948.502 3/31/2009 1448.0 11026.432 6/30/2009 1658.0 10905.429 9/30/2009 2232.0 10891.014 12/31/2009 1589.0 10902.018 3/31/2010 1506.0 11043.804 6/30/2010 1822.0 11098.757 9/30/2010 2445.0 11176.156 12/31/2010 1792.0 11312.927 3/31/2011 1661.0 11295.233 6/30/2011 1978.0 11355.094 9/30/2011 2642.0 11362.033 12/31/2011 1924.0 11547.786 3/31/2012 1804.0 11636.654 6/30/2012 2112.0 11630.759 9/30/2012 2764.0 11936.122 12/31/2012 1991.0 11437.747 3/31/2013 1855.0 11504.416 6/30/2013 2206.0 11571.732 9/30/2013 3095.0 11596.613 12/31/2013 2094.0 11720.446 3/31/2014 1990.0 11871.513 6/30/2014 2342.0 11995.295 9/30/2014 3050.0 12169.576 12/31/2014 2260.0 12297.642 3/31/2015 2144.0 12414.199
6/30/2015 2493.0 12470.797 9/30/2015 3290.0 12561.187 12/31/2015 2386.0 12567.688 3/31/2016 2257.0 12627.206 6/30/2016 2594.0 12649.232 9/30/2016 3399.0 12590.849 12/31/2016 2468.0 12680.434 3/31/2017 2289.0 12765.604 6/30/2017 2619.0 12780.616
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