Solved

A Forecaster Used the Regression Equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }

Question 43

Multiple Choice

A forecaster used the regression equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 } and quarterly sales data for 2004I-2021IV (t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and D1,D2D _ { 1 } , D _ { 2 } and D3D _ { 3 } are dummy variables for quarters I,II,and III.  A forecaster used the regression equation  Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }  and quarterly sales data for 2004I-2021IV (t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and  D _ { 1 } , D _ { 2 }  and  D _ { 3 }  are dummy variables for quarters I,II,and III.   In any given year,quarterly sales tend to vary as follows: A) Q<sub>I</sub> > Q<sub>II</sub> > Q<sub>III</sub> > Q<sub>IV</sub> B) Q<sub>I</sub> > Q<sub>II</sub> > Q<sub>IV</sub> > Q<sub>III</sub> C) Q<sub>II</sub> > Q<sub>III</sub> > Q<sub>IV</sub> > Q<sub>I</sub> D) Q<sub>III</sub> > Q<sub>II</sub> > Q<sub>I</sub> > Q<sub>IV</sub> E) Q<sub>III</sub> > Q<sub>IV</sub> > Q<sub>II</sub> > Q<sub>I</sub> In any given year,quarterly sales tend to vary as follows:


A) QI > QII > QIII > QIV
B) QI > QII > QIV > QIII
C) QII > QIII > QIV > QI
D) QIII > QII > QI > QIV
E) QIII > QIV > QII > QI

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents