In: Statistics and Probability
Multiple Regression Analysis was used to find out which X variable have relationship with my Y variable (reduce overspending on food and beverage), and how strong relationship is.FIT A FIRST ORDER AUTO AGGRESSIVE MODEL (AR(1) USING Y(T) AS THE RESPONSE VARIABLE Y (T-1) AS THE INPUT VARIABLE. RECORD THE REGRESSION EQUATION. CALCULATE THE EXPONENTIAL SMOOTHING MODELS AND CALCULATE A MOVING AVERAGE MODEL.
4-Mar | $31.69 |
5-Mar | $4.19 |
5-Mar | $19.01 |
5-Mar | $7.99 |
6-Mar | $3.32 |
6-Mar | $57.11 |
7-Mar | $4.07 |
8-Mar | $2.49 |
8-Mar | $6.30 |
11-Mar | $4.48 |
11-Mar | $52.32 |
13-Mar | $32.21 |
13-Mar | $7.84 |
13-Mar | $2.99 |
14-Mar | $10.58 |
14-Mar | $2.99 |
15-Mar | $4.24 |
16-Mar | $24.00 |
$277.82 |
1) FIRST ORDER AUTO AGGRESSIVE MODEL (AR(1) USING Y(T) AS THE RESPONSE VARIABLE Y (T-1)
The regression equation is
Y = 15.8 - 0.087 Y (T-1)
2) The Exponential smoothing model is
3) The Moving Average model is
Moving Average of Length 2 results
Time | Y | MA | Predict | Error |
4-Mar | 31.69 | * | * | * |
5-Mar | 4.19 | 17.94 | * | * |
5-Mar | 19.01 | 11.6 | 17.94 | 1.07 |
5-Mar | 7.99 | 13.5 | 11.6 | -3.61 |
6-Mar | 3.32 | 5.655 | 13.5 | -10.18 |
6-Mar | 57.11 | 30.215 | 5.655 | 51.455 |
7-Mar | 4.07 | 30.59 | 30.215 | -26.145 |
8-Mar | 2.49 | 3.28 | 30.59 | -28.1 |
8-Mar | 6.3 | 4.395 | 3.28 | 3.02 |
11-Mar | 4.48 | 5.39 | 4.395 | 0.085 |
11-Mar | 52.32 | 28.4 | 5.39 | 46.93 |
13-Mar | 32.21 | 42.265 | 28.4 | 3.81 |
13-Mar | 7.84 | 20.025 | 42.265 | -34.425 |
13-Mar | 2.99 | 5.415 | 20.025 | -17.035 |
14-Mar | 10.58 | 6.785 | 5.415 | 5.165 |
14-Mar | 2.99 | 6.785 | 6.785 | -3.795 |
15-Mar | 4.24 | 3.615 | 6.785 | -2.545 |
16-Mar | 24 | 14.12 | 3.615 | 20.385 |