Statistics Solutions

(See Steps) A telemarketing firm relies heavily on casual workers and as such they constantly need to monitor and plan for turnover. They collect quarterly

Question: A telemarketing firm relies heavily on casual workers and as such they constantly need to monitor and plan for turnover. They collect quarterly data on employee turnover (resignations) for a three year period.

Q1 Q2 Q3 Q4
2007 46 64 52 28
2008 51 70 57 30
2009 52 71 59 35
20020 57 77 64 38

Required

  1. Use a linear regression to identify the trend in the firm’s turnover.
  2. Based on these results, would you describe turnover as increasing or decreasing?
  3. Using this data and incorporating seasonal effects, forecast quarterly turnover for 2011.
  4. Describe the relative impact of the trend and seasonal effects on this forecast.

Price: $2.99
Solution: The downloadable solution consists of 5 pages
Deliverable: Word Document


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