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SCENARIO 16-14 a Contractor Developed a Multiplicative Time-Series Model to Forecast

Question 161

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SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16, where SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16, is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16, is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16, is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16, is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise.
-Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation?


A) X = 15, SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16,
B) X = 15, SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16,
C) X = 16, SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16,
D) X = 16, SCENARIO 16-14 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2011 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2011. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. Q is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-14, to obtain a forecast for the fourth quarter of 2014 using the model, which of the following sets of values should be used in the regression equation? A) X = 15, B) X = 15, C) X = 16, D) X = 16,

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