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A Company Selling Swimming Goggles Wants to Analyze the Company's  SUMMARY OUTPUT \text { SUMMARY OUTPUT }

Question 111

Essay

A company selling swimming goggles wants to analyze the company's Australian sales time figures.
Time series forecasting with regression was used to generate Excel output to estimate trend of the time series of Swimming goggle sales (in thousands of dollars) where the origin is the March Quarter 2000.  SUMMARY OUTPUT \text { SUMMARY OUTPUT }
 Regression Statistics  Multiple R 0.37281 R Square 0.13899 Adjusted R  Square 0.12243 StandardError 10.3925 Observations 54\begin{array}{lr}{\text { Regression Statistics }} \\\hline \text { Multiple R } & 0.37281 \\\text { R Square } & 0.13899 \\\text { Adjusted R } & \\\text { Square } & 0.12243 \\\text { StandardError } & 10.3925 \\\text { Observations } & 54 \\\hline\end{array}

ANOVAdfSSMSF Significance F Regression 1906.5867925906.598394060.005497292 Residual 525616.172467108 Total 536522.759259\begin{array}{l}A N O V A\\\begin{array}{lrcccr}\hline & d f & S S & M S & F & \text { Significance } F \\\hline \text { Regression } & 1 & 906.5867925 & 906.59 & 839406 & 0.005497292 \\\text { Residual } & 52 & 5616.172467 & 108 & & \\\text { Total } & 53 & 6522.759259 & & &\end{array}\end{array}

 Standard  Coefficients  Error  tStat  P-value  Lower 95% Upper 95% Interoept 12.2372.7896338764.38665.6E056.63922713317.8348469t0.262890.0907387952.89730.00550.0808123680.4449738\begin{array}{lrrrrrr} & {\text { Standard }} & \\& \text { Coefficients } & \text { Error } & \text { tStat } & \text { P-value } & \text { Lower } 95 \% & \text { Upper } 95 \% \\\hline \text { Interoept } & 12.237 & 2.789633876 & 4.3866 & 5.6 \mathrm{E}-05 & 6.639227133 & 17.8348469 \\\mathrm{t} & 0.26289 & 0.090738795 & 2.8973 & 0.0055 & 0.080812368 & 0.4449738\end{array} Interpret the 95% confidence interval for time t.

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95% confidence interval =(0.0808, 0.445)...

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