Q. Consider using a time series of data of at least 10 years. You can search for this data using Internet.
Before running regression, predict what sign each variable will be also explain why you make that prediction.
After running regression, interpret regression.
Does regression fit data well?
Does each predictor play a significant role in explaining significance of regression?
Are some predictors not useful?
If so, did you consider removing those also rerunning regression?
Are predictors related too significantly to one another?
Submit your answers in a three- to four-page Microsoft Word document.