East West University

Assignment 1
STA 217 Statistics for Business and Economics

SUMMER-2013
1.

Listed below is the net sales in $ million for home Depot, Inc. and its subsidiaries
from 1997 to 2006.
Table 1: Net sales of different years

Year

Net Sales ($)

Year

Net Sales ($)

1997
1998
1999
2000
2001

50,600
67,300
80,800
98,100
124,400

2002
2003
2004
2005
2006

156,700
201,400
227,300
256,300
280,900

Note: Add last three digits of your ID with Net Sales

i)
ii)
2.

Determine the least square equation. On the basis of this information, what
are the estimated sales for 2010?
Plot Net Sales and Trend Line

It appears that the imports of carbon black have been increasing by about 10
percent annually.
Table 2: Amount of Carbon Block imported in different years

Year

Imports of
Carbon
Block
(thousands
of tons)

1990
1991
1992
1993
1994
1995

124
175
306
524
714
1052

1996

1638

Year

Imports of
Carbon Block
(thousands of
tons)

1997
1998
1999
2000
2001
2002
2003

2463
3358
4181
5388
8027
10587
13537

Note: Add last three digits of your ID with imports of Carbon Block

i)
ii)
iii)

Determine the logarithmic trend.

Find the annual rate of increase.
Estimate imports for the year 2006.

3.

The quarterly production of pine lumber, in millions of board feet, by Northwest

lumber since 1998 is :
Table 3: Productions in different quarters of several years

Year Quarter Production Year Production Sales Year Quarter Production

1998

1999

2000

Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall

90
85
56
102
115
89
61
110
165
110
98
248

2001

2002

2003

Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall

201
142
110
274
251
165
125
305
241
158
132
299

2004

2005

2006

Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall
Winter
Spring
Summer
Fall

Note: Add last three digits of your ID with number of Productions

i)
ii)
iii)

Develop a seasonal index for each quarter and interpret.

Project the production for 2007 and also find the base year production.
Plot the original data and Deseasonalize data and interpret.

265
185
142
333
282
175
157
350
290
201
187
400