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Qunatitative Analysis – I
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Agenda
Data Trend Model Seasonality Log-Linear Model Linear Model Auto-Regressive Model Regression Analysis Cross-sectional Data Time dependent Data Significant Autocorrelation among Residuals Yes No Significant Autocorrelation among Residuals Significant Autocorrelation among lagged residuals Yes Yes No No Make a Graph Correctly Specified Model
Types of Regression Models © Neev Knowledge Management – Pristine Careers Negative Linear Relationship Negative Linear Relationship Relationship NOT Linear No Relationship
© Neev Knowledge Management – Pristine Careers Random Error for this x value y x Observed Value of y for x i Predicted Value of y for x i   x i Slope =  β 1 Intercept =  β 0   e i Sample Regression Function
Sample Regression Function © Neev Knowledge Management – Pristine Careers Notice the similarity  with the Population Regression Function Can we do something of the error term? Estimate of the regression  intercept Estimate of the regression slope Independent variable Error term
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Agenda
General Multiple Linear Regression Model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Neev Knowledge Management – Pristine Careers
Assumptions of Multiple Regression Model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Neev Knowledge Management – Pristine Careers
Analysis of Variance (ANOVA) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Neev Knowledge Management – Pristine Careers
[object Object],[object Object],[object Object],[object Object],[object Object],Agenda
Data Trend Model Seasonality Log-Linear Model Linear Model Auto-Regressive Model Regression Analysis Cross-sectional Data Time dependent Data Significant Autocorrelation among Residuals Yes No Significant Autocorrelation among Residuals Significant Autocorrelation among lagged residuals Yes Yes No No Make a Graph Correctly Specified Model
Time Series ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Neev Knowledge Management – Pristine Careers Quarterly Sales Time  4 th  Quarter
Limitation of Trend Models ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Neev Knowledge Management – Pristine Careers

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Quantitative Analysis Regression Models Time Series Forecasting

  • 2.
  • 3. Data Trend Model Seasonality Log-Linear Model Linear Model Auto-Regressive Model Regression Analysis Cross-sectional Data Time dependent Data Significant Autocorrelation among Residuals Yes No Significant Autocorrelation among Residuals Significant Autocorrelation among lagged residuals Yes Yes No No Make a Graph Correctly Specified Model
  • 4. Types of Regression Models © Neev Knowledge Management – Pristine Careers Negative Linear Relationship Negative Linear Relationship Relationship NOT Linear No Relationship
  • 5. © Neev Knowledge Management – Pristine Careers Random Error for this x value y x Observed Value of y for x i Predicted Value of y for x i x i Slope = β 1 Intercept = β 0 e i Sample Regression Function
  • 6. Sample Regression Function © Neev Knowledge Management – Pristine Careers Notice the similarity with the Population Regression Function Can we do something of the error term? Estimate of the regression intercept Estimate of the regression slope Independent variable Error term
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12. Data Trend Model Seasonality Log-Linear Model Linear Model Auto-Regressive Model Regression Analysis Cross-sectional Data Time dependent Data Significant Autocorrelation among Residuals Yes No Significant Autocorrelation among Residuals Significant Autocorrelation among lagged residuals Yes Yes No No Make a Graph Correctly Specified Model
  • 13.
  • 14.