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

Ethical issues concerning use of animals for experimentation, Ethical issue...

Ethical issues concerning use of animals for experimentation and educational purposes (i) Animals procured, handled and looked after according to the regulatory principles laid

Ecological crises, Ecological Crises:   The natural atmosphere which man...

Ecological Crises:   The natural atmosphere which man has inherited from the past, with healthy and fresh air, shielding from excessive radiation of the sun, has been deteriorat

Geology, How to become a geology tutor

How to become a geology tutor

Health management technology, classification of various qualitative & quant...

classification of various qualitative & quantitative health management technologies

Explain pantothenic acid (vitamin b5), Pantothenic acid (vitamin B5) P...

Pantothenic acid (vitamin B5) Pantothenic acid, also  known  as vitamin B5, is essential to  all forms of  life. Pure pantothenic acid was  first isolated as its calcium salt

Why do organisms need water, Why do organisms need water? Organisms need...

Why do organisms need water? Organisms need water for the following reasons: (i) All cellular processes need water as a medium. Usually, the reactions that take place in our

Explain the orthopnoea and tachypnoea, Explain the Orthopnoea and Tachypnoe...

Explain the Orthopnoea and Tachypnoea Orthopnoea: Dyspnoea occurs even at rest in severe cardiac congestive failure. This condition is called orthopnoea. Tachypnoea: It is a

A compound plane faces that can be seen with the unaided eye, A solid compo...

A solid compound whose internal structural pattern is expressed as plane faces that can be seen with the unaided eye is generally called as a: Crystal

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