A consulting firm estimates the following quarterly sales forecasting model: $Q _ { t } = a + b t + c D$ The equation is estimated using quarterly data from 20010I-2020III (t = 1,...,43).The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are: Using the estimated trend line above,what is the predicted level of sales in 2021I ?
A)110.06
B)106.20
C)104.34
D)102.2
E)none of the above

Question

A consulting firm estimates the following quarterly sales forecasting model: $Q _ { t } = a + b t + c D$ The equation is estimated using quarterly data from 20010I-2020III (t = 1,...,43).The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are:  Using the estimated trend line above,what is the predicted level of sales in 2021I ?
A)110.06 
B)106.20 
C)104.34 
D)102.2 
E)none of the above

Quizplus · Accepted Answer

The Answer of A consulting firm estimates the following quarterly sales forecasting model: $Q _ { t } = a + b t + c D$ The equation is estimated using quarterly data from 20010I-2020III (t = 1,...,43).The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are:  Using the estimated trend line above,what is the predicted level of sales in 2021I ?
A)110.06 
B)106.20 
C)104.34 
D)102.2 
E)none of the above

A Consulting Firm Estimates the Following Quarterly Sales Forecasting Model Qt=a+bt+cDQ _ { t } = a + b t + c DQt​=a+bt+cD

A Consulting Firm Estimates the Following Quarterly Sales Forecasting Model $Q _ { t } = a + b t + c D$