Statistics: The Least Squares Equation
Not what you're looking for?
Listed in the attached file is the net sales in $ million for Home Depot, Inc. and its subsidiaries from 1993 to 2002.
Task: Determine the least squares equation. On the basis of this information, what are the estimated sales for 2005?
Purchase this Solution
Solution Summary
This solution provides a neat, step by step response which illustrates how to estimate sales for 2005. An Excel file accompanies this response and includes all of the output values for the results and a scatter plot.
Solution Preview
Taking 1992 as year 0, we have 1993 as year 1, 1994 as year 2 etc.
Using ...
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.