Use the data from Problem 15.15 to create a regression forecasting model using the first-differences data transformation.

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Use the data from Problem 15.15 to create a regression forecasting model using the first-differences data transformation. How do the results from this model differ from those obtained in Problem15.15?

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Business Statistics For Contemporary Decision Making

ISBN: 409

8th Edition

Authors: Black Ken

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Question Posted: Feb 19, 2015 09:22 AM

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Use the data from Problem 15.15 to create a regression forecasting model using the first-differences data transformation.

Question:

Shelter Year Food 1994 1995 1996 1997 1998 1999 2000 2001 2002 Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 Food 2.2 2.7 2.3 2.1 4.9 5.9 0.5 1.5 4.7 Shelter 2.4 2.8 3.3 2.6 2.2 2.1 2.3 3.2 1.8 3.1 3.2 3.2 3.1 3.3 2.9 3.3 3.7 3.7 2.4 2.7 2.6 4.2 3.1 1.9 0.3 0.4 1.9

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Regression Analysis The regression equation is First Diff Food 01200 ...View the full answer

Business Statistics For Contemporary Decision Making

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