Please use ONLY one Excel file to complete this case study, and use one spreadsheet for...

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Please use ONLY one Excel file to complete this case study, anduse one spreadsheet for each problem.

  1. Develop a linear regression model to predict Wal-Mart revenue,using CPI as the only independent variable.
  2. Develop a linear regression model to predict Wal-Mart revenue,using Personal Consumption as the only independent variable.
  3. Develop a linear regression model to predict Wal-Mart revenue,using Retail Sales Index as the only independent variable.
  4. Which of these three models is the best?  UseR-square values, Significance F values, p-values and otherappropriate criteria to explain your answer.
  5. Generate a scatter plot, residual plot and normal probabilityplot for the best model in part (d) and comment on what yousee.

Identify and remove the five cases corresponding to Decemberrevenue.

  1. Develop a linear regression model to predict Wal-Mart revenue,using CPI as the only independent variable.
  2. Develop a linear regression model to predict Wal-Mart revenue,using Personal Consumption as the only independent variable.
  3. Develop a linear regression model to predict Wal-Mart revenue,using Retail Sales Index as the only independent variable.
  4. Which of these three models is thebest?  Use R-square values and Significance F values toexplain your answer.
  5. Generate a scatter plot, residual plot and normalprobability plot for the best model in part (i) and comment on whatyou see.
  6. Comparing the results of parts (d) and (i), which of these twomodels is better? Use R-square values, Significance F values,p-values, scatter plot, residual plot and normal probability plotto explain your answer.

DateWal Mart RevenueCPIPersonal ConsumptionRetail Sales IndexDecember
10/31/0312.452562.479410713020650
11/28/0314.764552.778684953013370
12/30/0323.106552.178852643577041
1/30/0412.131554.979777302814630
2/27/0413.628557.980058782824450
3/31/0416.722561.580704803191070
4/29/0413.98563.280865793152780
5/28/0414.388566.481965163284990
6/30/0418.111568.281612713211510
7/27/0413.764567.582353493280250
8/27/0414.296567.682461213262800
9/30/0417.169568.783136703134440
10/29/0413.915571.983716053196390
11/29/0415.739572.284108203240670
12/31/0426.177570.184620263869181
1/21/0513.17571.284694432930270
2/24/0515.139574.585206872948920
3/30/0518.683579.685689593389690
4/29/0514.829582.986543523356260
5/25/0515.697582.486446463454000
6/28/0520.23582.687247533510680
7/28/0515.26585.288339073518870
8/26/0515.709588.288254503558970
9/30/0518.618595.488825363336520
10/31/0515.397596.789116273366620
11/28/0517.384593.289163773444410
12/30/0527.92589.489554724065101
1/27/0614.555593.990343683222220
2/23/0618.684595.290792463181840
3/31/0616.639598.691238483669890
4/28/0620.17603.591751813573340
5/25/0616.901606.592385763800850
6/30/0621.47607.892705053732790
7/28/0616.542609.693388763686110
8/29/0616.98610.993526503826000
9/28/0620.091607.993484943526860
10/20/0616.583604.693760273547400
11/24/0618.761603.694107583634680
12/29/0628.795604.594785314249461
1/26/0720.473606.395403353327970
2/23/0721.922619.494792393350140
3/30/0718.939614.995838483764910
4/27/0722.47619.896351813669360
5/25/0719.201622.896985763896870
6/29/0723.77623.997312853827810
7/27/0718.942625.697996563781130
8/31/0719.38626.998136303921250
9/28/0722.491623.998092743622110
10/26/0718.983621.698368073642650
11/30/0721.161620.698707583729700
12/28/0731.245622.599663314344881

Answer & Explanation Solved by verified expert
4.4 Ratings (561 Votes)
SUMMARY OUTPUTWalMart revenue 37380094CPIRegression StatisticsMultiple R0510643234RSquare0260756512Adjusted R Square024566991Standard Error3652515065Observations51ANOVAdfSSMSFSignificance FRegression12305832559230583255917283979230000128901Residual496537024486133408663Total508842857045CoefficientsStandard Errort    See Answer
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