Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question Two The following is tables contains a regression output on quarterly data collected on the number of trespassers on government land arrested in the

image text in transcribed

Question Two The following is tables contains a regression output on quarterly data collected on the number of trespassers on government land arrested in the years 2015 to 2019: SUMMARY OUTPUT Regression Statistics Multiple 0.014641 R Square 0000214 Adjusted R Square 005533 Standard Error 50 25093 Observations 20 ANOVA d Slowance 0.951151 1 SS MS F 9.7447379744737 0.003859 45452.81 2525.156 Regression Residual Tutal 18 19 4546255 Prale Coeficients 443.6211 0.12105 Standard for 23.34314 Intercept X Variable 1 19.00435 2.32E-13 0.062120.951151 1.948647 Requred a. Using the information in the table above establish the equation for the trend line (2 marks) b. From the equation in (a) above forecast the number of trespassers in Q3 of 2020 (5 marks) c. How reliable is the forecast in (b) above. Explain. (8 marks) d What steps will you take if you were informed that data used in the above analysis has seasonality embedded in it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Financial Management

Authors: Eugene F Brigham, Phillip R Daves

9th Edition

032431986X, 9780324319866

More Books

Students also viewed these Finance questions