refer to the following:
A consulting firm estimates the following quarterly sales forecasting model:
‪
The equation is estimated using quarterly data from 2000I-2010III (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:
‪
-What is the estimated intercept of the trend line in the second quarter?
A) 22.50
B) 24.50
C) 24.36
D) 2.00
E) none of the above

Question

refer to the following:
A consulting firm estimates the following quarterly sales forecasting model:
 ‪  
The equation is estimated using quarterly data from 2000I-2010III (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:
 ‪ 
-What is the estimated intercept of the trend line in the second quarter?
A) 22.50 
B) 24.50 
C) 24.36 
D) 2.00 
E) none of the above

Quizplus · Accepted Answer

The Answer of refer to the following:
A consulting firm estimates the following quarterly sales forecasting model:
 ‪  
The equation is estimated using quarterly data from 2000I-2010III (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:
 ‪ 
-What is the estimated intercept of the trend line in the second quarter?
A) 22.50 
B) 24.50 
C) 24.36 
D) 2.00 
E) none of the above

Refer to the Following