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Refer to the Following

Question 29

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refer to the following:
The manufacturer of Beanie Baby dolls used quarterly price data for 2002I - 2010IV (t = 1, ..., 36) and the regression equation

refer to the following: The manufacturer of Beanie Baby dolls used quarterly price data for 2002I - 2010IV (t = 1, ..., 36) and the regression equation to forecast doll prices in the year 2011. P<sub>t</sub> is the quarterly price of dolls, and D1<sub>t</sub> , D2<sub>t</sub> and D3<sub>t</sub> are dummy variables for quarters I, II, and III, respectively. -At the 2 percent level of statistical significance, is there a statistically significant trend in the price of dolls? A) Yes, because 0.0022 < 0.02. B) No, because 0.0022 > 0.02. C) Yes, because 0.800 > 0.02. D) Yes, because 0.240 > 0.02. E) Yes, because 3.33 > 0.02.
to forecast doll prices in the year 2011. Pt is the quarterly price of dolls, and D1t , D2t and D3t are dummy variables for quarters I, II, and III, respectively.
refer to the following: The manufacturer of Beanie Baby dolls used quarterly price data for 2002I - 2010IV (t = 1, ..., 36) and the regression equation to forecast doll prices in the year 2011. P<sub>t</sub> is the quarterly price of dolls, and D1<sub>t</sub> , D2<sub>t</sub> and D3<sub>t</sub> are dummy variables for quarters I, II, and III, respectively. -At the 2 percent level of statistical significance, is there a statistically significant trend in the price of dolls? A) Yes, because 0.0022 < 0.02. B) No, because 0.0022 > 0.02. C) Yes, because 0.800 > 0.02. D) Yes, because 0.240 > 0.02. E) Yes, because 3.33 > 0.02.
-At the 2 percent level of statistical significance, is there a statistically significant trend in the price of dolls?


A) Yes, because 0.0022 < 0.02.
B) No, because 0.0022 > 0.02.
C) Yes, because 0.800 > 0.02.
D) Yes, because 0.240 > 0.02.
E) Yes, because 3.33 > 0.02.

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