ACCT2542 - Executive Summary From April 1982 to December...

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Executive Summary From April 1982 to December 2008 we have analysed the historical monthly turnover of the business Vegemart and found interesting results. The results states that the retail turnover of each year increases to its maximum turnover point during December and this turnover drops near February. As the years went on, we can see that there is upward movement of the retail turnover of each year increases with time.
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Main Report Dependent Method: Least Date: Sample: Included Variable Coefficient Std. Error t-Statistic Prob. C 7.107407 0.012248 580.2826 0.0000 T1 0.006558 0.000332 19.75294 0.0000 T2 -1.66E-06 2.41E-06 -0.688730 0.4915 T3 -4.66E-09 4.96E-09 -0.939949 0.3480 R-squared 0.988851 Mean 8.061565 Adjusted R- 0.988745 S.D. 0.523180 S.E. of 0.055503 Akaike info -2.932370 Sum squared 0.976551 Schwarz -2.885374 Log likelihood 474.6453 F-statistic 9371.864 Durbin- 1.753003 Prob(F- 0.000000 - Modelling trend using quadratics. Using this model can potentially capture the nonlinearities and improves the efficiency in modelling the trend for the dataset. From the residuals we can see that there is obvious seasonality near December each year.
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