Stats Solutions

Solution: As part of an effort to forecast future gasoline sales, an operator of five independent gas stations recorded the quarterly gasoline sales (in thousands

Question: As part of an effort to forecast future gasoline sales, an operator of five independent gas stations recorded the quarterly gasoline sales (in thousands of gallons) for the past four years. These sales are shown below along with time (1-16), Year (1-4), and Quarter (1-4).

Time Year Quarter Gasoline Gasoline Time Quarter Indicators
Sales Sales Q1 Q2 Q3
1 1 1 39 39 1 1 0 0
2 2 37 37 2 0 1 0
3 3 61 61 3 0 0 1
4 4 58 58 4 0 0 0
5 2 1 18 18 5 1 0 0
6 2 56 56 6 0 1 0
7 3 82 82 7 0 0 1
8 4 27 27 8 0 0 0
9 3 1 41 41 9 1 0 0
10 2 69 69 10 0 1 0
11 3 49 49 11 0 0 1
12 4 66 66 12 0 0 0
13 4 1 54 54 13 1 0 0
14 2 42 42 14 0 1 0
15 3 90 90 15 0 0 1
16 4 66 66 16 0 0 0

Given the somewhat mutilated regression printout, is the model significant. Please provide the exact p-value.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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