Question

In the following regression output regarding total retail saken the dependent varias are month durmies and consumer sentiment. Write down the regression equation for G RY OUTPUT ROS R 0.00 AR BOST Standard E 1870 211 SMS 11. 1 11 .0L 2301417 281E06 931: 31 100012 3532 01 - Jan D2-Feb 03-Mar D4-Apr 05-May DO D-Aug D9 - Sep D10 - Oct 011 - Nov 012 - Dec 173053 1823 14080 0413 11.78636 204L-19 143856 5709 2022515041 005700 20 -1434.7202 8382.863742 -1.74579 0.084548 -31307.94742 2038.489787-31301 474 . -15083 54588387371700 -15030350 179089 0.07561231778.49004 1585700345 -31778.4904 1905.793065 -8542 818780 8 381.191300-103122 0305406 25312.6712 8027 03303025312.8712 BORT 039699 -6356 8750878382334178 0.99664 032173825028.00153 8016249567 25028 00153 8916240657 -11902. 13469 9 2300290 -142533 0.157813 -200541985 473033018 -20064 9957 473033016 -8013 716226 386.580646098554 0.342078 2469425004 8665 813502 -2460425004 8000 813502 220.005327 8301.400256 0.504456 0.015273 -12442 23203 20098 32328 -1244273203 200002228 4500 309777 8380 279856 0.538086 050111 -12156.7296 21177340.30 -12150 7220 21177 90 3720.868053 3080 112101 0444704 0.657 -12941,03787 2099437397 -1294103787 20304 37397 410.4687207 8.84.004443 0.048957 0901011 - 10200.15279 17087.12973 -10200.15229 1T0BL 12973 4324 2327462 8396 52614 -0.51501 000791521024 64623 12370.00034 -2102464623 12376,05934 3168 020584 158.6417294 19 90966 1.Set-33 2062.48065 3483 552003 2852 4865663483552003 y = 165,040 + 3.168x where x-consumer sentiment y - 173,054 +3,168x where x-consumer sentiment Oy - 158.419 +3,168x where x =consumer sentiment y = 173,054 - 4,846x where x = consumer sentiment

Answer 1

Ans:

We can observe that p-value for month dummies are high,so none of the coefficients for months is significant,so we can ignore it.coefficients for intercept and consumer sentiment are significant.So,regression equation is:

y=173,054+3168 x

where x=consumer sentiment