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

Find the angle of incidence, a ray of light falls on a transparent slab of ...

a ray of light falls on a transparent slab of refractive index u.if the reflected and refracted rays are mutually perpendicular to each other,find the angle of incidence.

Explain the physiology of lactation, Explain the Physiology of Lactation ...

Explain the Physiology of Lactation Lactogenesis is the onset of copious milk secretion around parturition, triggered by a fall in plasma progesterone levels. Although some col

How to make a receiver for vacuum experiments, How to make a receiver for v...

How to make a receiver for vacuum experiments Secure a large jar with an air-tight screw cap, like as a fruit jar. Drill a hole by the top and have a short metal tube soldered

Explain the posterior nerve root, Explain the Posterior Nerve Root Post...

Explain the Posterior Nerve Root Posterior nerve root consists of sensory nerve fibres, having cell bodies in root ganglions and enter the spinal cord. Immediately after emergi

Ozone, How did Ozone play a big part in the evolution?

How did Ozone play a big part in the evolution?

Explain loam soil, What is loam soil? This is a type of soil, which is ...

What is loam soil? This is a type of soil, which is halfway among clay and sandy soils.

State the meaning of low tensile strength, State the meaning of Low tensile...

State the meaning of Low tensile strength Low tensile strength and chances of consequent cracking and deterioration of  load bearing capacity of  structural components, we wis

What are covalent bonds, What are covalent bonds? Covalent bonds are th...

What are covalent bonds? Covalent bonds are those in which electrons are shared by the atoms, and this sharing results in an attraction between the atoms to form a molecule. A

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