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7-12: Develop a multiple regression model with categorical variables that incorporate seasonality for forecasting sales using the last three years of data in the Excel file New Car Sales. 

Tips for problem 7-12: This is a multiple regression problem based on monthly data. You will need to create dummy variables for the months to represent seasonality in the model.

Here is a video about the concept:

http://www.youtube.com/watch?v=H07l1zgM-cw

Here is part of what want to do:

YearMonthUnitstFebMarAprMayJunJulAugSepOctNovDec
1Jan39,810100000000000
1Feb40,081210000000000
1Mar47,440301000000000
1Apr47,297400100000000
1May49,211500010000000
 


You will fill all entries for three years, then run regression in excl.

    • 13 years ago
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