A forecaster develops a linear regression model for quarterly sales data shown in the table.The slope of the regression equation is 37.9 and the intercept is 57.Use the regression model to determine the seasonal index for the third quarter.
A)0.99
B)1.12
C)0.93
D)1.09

Question

A forecaster develops a linear regression model for quarterly sales data shown in the table.The slope of the regression equation is 37.9 and the intercept is 57.Use the regression model to determine the seasonal index for the third quarter. 
A)0.99 
B)1.12 
C)0.93 
D)1.09

Quizplus · Accepted Answer

The Answer of A forecaster develops a linear regression model for quarterly sales data shown in the table.The slope of the regression equation is 37.9 and the intercept is 57.Use the regression model to determine the seasonal index for the third quarter. 
A)0.99 
B)1.12 
C)0.93 
D)1.09

A Forecaster Develops a Linear Regression Model for Quarterly Sales