Determine the ability to conduct quantitative data analysis, Science

Assignment Help:

Purpose

  • To assess your ability to conduct quantitative data analysis and interpret the results of data analysis introduced inForecasting Trend.
  • To assess your ability to communicate your research findings.

L3 Traits

Overview

In this course you will use MS Excel to conduct quantitative data analysis. The guidelines on how to conduct the analysis can be found in each module's key points. The dataset or the assignment is different from the dataset used in the examples; however, the formulas and procedures remain virtually unchanged. The actual values for the test statistics will differ from those provided in the examples and will require separate explanation.

Action Items

1. Review the Key Points for Forecasting Trend.

2. Download and review MS Excel file examples included in the Key Points for Forecasting Trend.

3. Using the dataset provided by your professor, calculate the following values based on the stationary, linear, quadratic, and exponential type models:

  • Coefficients' estimates for each model
  • Residuals etfor each model
  • Based on the values of the residuals etfound in the previous step, construct their graph as a function of t for each model
  • Based on the analysis above, determine the most appropriate functional form for the model and justify your choice

Related Discussions:- Determine the ability to conduct quantitative data analysis

Heat transfer, what are the condition necessary for heat transfer to occur?...

what are the condition necessary for heat transfer to occur?

Genetic engineering, Genetic Engineering: The modem biotechnology rev...

Genetic Engineering: The modem biotechnology revolution is based on the understanding and manipulation of the structure of DNA. DNA is a complex organic molecule that directs

Interstellar and intergalactic space, Interstellar and Intergalactic Space:...

Interstellar and Intergalactic Space: The space between the stars and the galaxies looks empty, doesn't it? But this 1s not true. In the great dark between stars in the galaxie

Giraffes, does giraffes have short necks?

does giraffes have short necks?

Moods - minnesota multiphasic personality inventory, Mr. X is probably well...

Mr. X is probably well adjusted (Mt=42). Neither he nor others see him as anxious (Pt=59), and he either denies or does not experience depressiveness (DEP=41). He does not wake up

Steel and metal, what is a engineering physics about these substances

what is a engineering physics about these substances

Explain how insulin secretion regulated, Explain how Insulin Secretion Regu...

Explain how Insulin Secretion Regulated It is interesting to note that blood sugar level itself controls insulin secretion. How? When blood sugar level rises, insulin secretion

Freezing by contact with a cooled liquid-lmmersion freezing, Freezing by Co...

Freezing by Contact with a Cooled Liquid: Immersion Freezing In this method, the food is immersed in low-temperature brine to achieve fast temperature reduction through direct

What are the constituents of the intestinal juice, What Are the Constituent...

What Are the Constituents of the Intestinal Juice? Intestinal juice is also called succus entericus. The word succus means juice and entericus means intestinal. The digestive j

Samole sarvay, researched method in socieal science with sample sarvay

researched method in socieal science with sample sarvay

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd