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MONTH/YEAR Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-
Posted: Thu May 26, 2022 7:47 am
by answerhappygod
- Month Year Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 1 (73.19 KiB) Viewed 20 times
- Month Year Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 2 (14.97 KiB) Viewed 20 times
MONTH/YEAR Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-201 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Independent Variable X-Number of Inbound Flights to Australia per Month 8376 8701 8435 9467 9683 7697 5739 1243 1534 1421 1518 1644 1646 1802 1878 1968 1776 1553 1780 2086 2575 2397 2389 2046 2022 2108 2253 2624 2669 2603 Independent Variable X-AUD to USD Exchange Rate per Month 0.68 0.68 0.682 0.688 0.686 0.666 0.622 0.631 0.652 0.689 0.702 0.72 0.722 0.713 0.727 0.753 0.771 0.775 0.77 0.769 0.775 0.763 0.742 0.73 0.732 0.74 0.729 0.715 0.717 0.716 Dependent Variable Y- Number of Short-term Visitor Arrivals in Australia per Month 694960 774020 815910 1077720 766590 685410 331890 2250 3440 5400 3530 3030 3720 6070 7570 8820 7990 6260 8320 22610 36190 36770 18720 6390 4430 4410 20860 73290 53920 80740
c. At 5% significance level, test the overall model significance. d. At 5% significance level, assess the significance of independent variables in the model. e. Based on the above analysis in a -d, discuss the usefulness of the model for prediction purposes.