BUSI410_NOV12

BUSI410_NOV12 - BUSI410 Thursday,November12,2009 1 BUSI410 TodaysHandouts Slides (due11/17 S-2 Model building forecasting with multicollinear time

Info iconThis preview shows pages 1–11. Sign up to view the full content.

View Full Document Right Arrow Icon
BUSI 410 Business Analytical Applications Thursday, November 12, 2009 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Today’s Handouts ü   Slides §   Lab Practice 8 available online (due 11/17). BUSI 410 S-2
Background image of page 2
Model building & forecasting with multicollinear time series 3
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
What are time series data? Ø A time series is a sequence of observations that are ordered in time. 4
Background image of page 4
Dow Jones Industrial Average 5
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
What is time series regression? With time series data, we want to use information available now (time t ) to forecast some variable of interest in the future. Need to be careful about interpreting drivers. 6
Background image of page 6
Time series regression Performance in period t depends on: Decisions made by management in period t External factors Inertia, from past performance ( t - l ) Leading indicators of the economy, industry or market ( t - l ) Seasonality Cyclicality 7
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Explain and forecast Lowes quarterly revenues 36130 36861 37592 38323 39054 3 7 11 15 revenues (B$) 8
Background image of page 8
Home Depot revenues are a Leading Indicator of Lowes revenues 36130 36863 37596 38329 39062 6 13 20 27 Home Depot revenues ($B) 36130 36861 37592 38323 39054 3 7 11 15 revenues (B$) 9
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Choose lead time 10
Background image of page 10
Image of page 11
This is the end of the preview. Sign up to access the rest of the document.

This document was uploaded on 11/04/2011 for the course BUSI 410 at UNC.

Page1 / 33

BUSI410_NOV12 - BUSI410 Thursday,November12,2009 1 BUSI410 TodaysHandouts Slides (due11/17 S-2 Model building forecasting with multicollinear time

This preview shows document pages 1 - 11. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online