Please use ONLY one Excel file to complete this case study, anduse one spreadsheet for each problem.
- Develop a linear regression model to predict Wal-Mart revenue,using CPI as the only independent variable.
- Develop a linear regression model to predict Wal-Mart revenue,using Personal Consumption as the only independent variable.
- Develop a linear regression model to predict Wal-Mart revenue,using Retail Sales Index as the only independent variable.
- Which of these three models is the best? UseR-square values, Significance F values, p-values and otherappropriate criteria to explain your answer.
- 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.
- Develop a linear regression model to predict Wal-Mart revenue,using CPI as the only independent variable.
- Develop a linear regression model to predict Wal-Mart revenue,using Personal Consumption as the only independent variable.
- Develop a linear regression model to predict Wal-Mart revenue,using Retail Sales Index as the only independent variable.
- Which of these three models is thebest? Use R-square values and Significance F values toexplain your answer.
- Generate a scatter plot, residual plot and normalprobability plot for the best model in part (i) and comment on whatyou see.
- 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.
Date | Wal Mart Revenue | CPI | Personal Consumption | Retail Sales Index | December |
10/31/03 | 12.452 | 562.4 | 7941071 | 302065 | 0 |
11/28/03 | 14.764 | 552.7 | 7868495 | 301337 | 0 |
12/30/03 | 23.106 | 552.1 | 7885264 | 357704 | 1 |
1/30/04 | 12.131 | 554.9 | 7977730 | 281463 | 0 |
2/27/04 | 13.628 | 557.9 | 8005878 | 282445 | 0 |
3/31/04 | 16.722 | 561.5 | 8070480 | 319107 | 0 |
4/29/04 | 13.98 | 563.2 | 8086579 | 315278 | 0 |
5/28/04 | 14.388 | 566.4 | 8196516 | 328499 | 0 |
6/30/04 | 18.111 | 568.2 | 8161271 | 321151 | 0 |
7/27/04 | 13.764 | 567.5 | 8235349 | 328025 | 0 |
8/27/04 | 14.296 | 567.6 | 8246121 | 326280 | 0 |
9/30/04 | 17.169 | 568.7 | 8313670 | 313444 | 0 |
10/29/04 | 13.915 | 571.9 | 8371605 | 319639 | 0 |
11/29/04 | 15.739 | 572.2 | 8410820 | 324067 | 0 |
12/31/04 | 26.177 | 570.1 | 8462026 | 386918 | 1 |
1/21/05 | 13.17 | 571.2 | 8469443 | 293027 | 0 |
2/24/05 | 15.139 | 574.5 | 8520687 | 294892 | 0 |
3/30/05 | 18.683 | 579.6 | 8568959 | 338969 | 0 |
4/29/05 | 14.829 | 582.9 | 8654352 | 335626 | 0 |
5/25/05 | 15.697 | 582.4 | 8644646 | 345400 | 0 |
6/28/05 | 20.23 | 582.6 | 8724753 | 351068 | 0 |
7/28/05 | 15.26 | 585.2 | 8833907 | 351887 | 0 |
8/26/05 | 15.709 | 588.2 | 8825450 | 355897 | 0 |
9/30/05 | 18.618 | 595.4 | 8882536 | 333652 | 0 |
10/31/05 | 15.397 | 596.7 | 8911627 | 336662 | 0 |
11/28/05 | 17.384 | 593.2 | 8916377 | 344441 | 0 |
12/30/05 | 27.92 | 589.4 | 8955472 | 406510 | 1 |
1/27/06 | 14.555 | 593.9 | 9034368 | 322222 | 0 |
2/23/06 | 18.684 | 595.2 | 9079246 | 318184 | 0 |
3/31/06 | 16.639 | 598.6 | 9123848 | 366989 | 0 |
4/28/06 | 20.17 | 603.5 | 9175181 | 357334 | 0 |
5/25/06 | 16.901 | 606.5 | 9238576 | 380085 | 0 |
6/30/06 | 21.47 | 607.8 | 9270505 | 373279 | 0 |
7/28/06 | 16.542 | 609.6 | 9338876 | 368611 | 0 |
8/29/06 | 16.98 | 610.9 | 9352650 | 382600 | 0 |
9/28/06 | 20.091 | 607.9 | 9348494 | 352686 | 0 |
10/20/06 | 16.583 | 604.6 | 9376027 | 354740 | 0 |
11/24/06 | 18.761 | 603.6 | 9410758 | 363468 | 0 |
12/29/06 | 28.795 | 604.5 | 9478531 | 424946 | 1 |
1/26/07 | 20.473 | 606.3 | 9540335 | 332797 | 0 |
2/23/07 | 21.922 | 619.4 | 9479239 | 335014 | 0 |
3/30/07 | 18.939 | 614.9 | 9583848 | 376491 | 0 |
4/27/07 | 22.47 | 619.8 | 9635181 | 366936 | 0 |
5/25/07 | 19.201 | 622.8 | 9698576 | 389687 | 0 |
6/29/07 | 23.77 | 623.9 | 9731285 | 382781 | 0 |
7/27/07 | 18.942 | 625.6 | 9799656 | 378113 | 0 |
8/31/07 | 19.38 | 626.9 | 9813630 | 392125 | 0 |
9/28/07 | 22.491 | 623.9 | 9809274 | 362211 | 0 |
10/26/07 | 18.983 | 621.6 | 9836807 | 364265 | 0 |
11/30/07 | 21.161 | 620.6 | 9870758 | 372970 | 0 |
12/28/07 | 31.245 | 622.5 | 9966331 | 434488 | 1 |