The Economic Report to the President of the United States included data on the amounts of manufacturers'
Question:
The "Economic Report to the President of the United States" included data on the amounts of manufacturers' new and unfilled orders in millions of dollars. Shown here are the figures for new orders over a 21-year period. Use a computer to develop a regression model to fit the trend effects for these data. Use a linear model and then try a quadratic model. How well does either model fit thedata?
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Simple Regression Trend Model 37969 98991 Period F 160311 p 000 R 2 988 adjusted ...View the full answer
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Related Book For 
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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