A consulting firm estimates the following quarterly sales forecasting model: 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: Give the above,at the 1 percent level of significance,is there a statistically significant trend in sales?
A) No,since 1.86 < 2.704
B) No,since 0.55 < 1.86
C) No,since 1.02 < 2.704
D) Yes,since 1.86 > 0.55
E) Yes,since 3.38 > 2.704
Correct Answer:
Verified
Q32: The following linear demand specification is
Q33: The following linear demand specification is
Q34: Manager-determined prices are
A)not determined by the forces
Q35: Qualitative forecasting methods
A)use higher quality data than
Q36: A market-determined price
A)is determined by the manager
Q38: The following linear demand specification is
Q39: A consulting firm estimates the following
Q40: Time-series models
A)cannot be replicated by another researcher.
B)use
Q41: A forecaster used the regression equation
Q42: A consulting firm estimates the following
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents