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Regression Analysis Was Used to Develop the Following Equation from 60

Question 136

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Regression analysis was used to develop the following equation from 60 observations of quarterly data:  Regression analysis was used to develop the following equation from 60 observations of quarterly data:   =2500-3 t-3 Q_{1}+2 Q_{2}+5 Q_{3}  , where:  Q _ { i }  = 1, if quarter i (i = 1, 2, 3) = 0, otherwise Forecast the next four quarters. =25003t3Q1+2Q2+5Q3=2500-3 t-3 Q_{1}+2 Q_{2}+5 Q_{3} ,
where: QiQ _ { i } = 1, if quarter i (i = 1, 2, 3)
= 0, otherwise
Forecast the next four quarters.

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