A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section.The revenues (in $1,000s)were recorded for the past 52 weeks.From these data,the following regression equation was computed: = 2000 + 0.6t− 150D₁− 40D₂ (t = 1,2,3,...,156)
where and Forecast the two-day revenues for the next week.

Question

A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section.The revenues (in $1,000s)were recorded for the past 52 weeks.From these data,the following regression equation was computed:

= 2000 + 0.6t− 150D₁− 40D₂ (t = 1,2,3,...,156)
where A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section.The revenues (in $1,000s)were recorded for the past 52 weeks.From these data,the following regression equation was computed: = 2000 + 0.6t− 150D<sub>1</sub>− 40D<sub>2</sub> (t = 1,2,3,...,156) where and Forecast the two-day revenues for the next week.

and

Forecast the two-day revenues for the next week.

Quizplus · Accepted Answer

The Answer of A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section.The revenues (in $1,000s)were recorded for the past 52 weeks.From these data,the following regression equation was computed: = 2000 + 0.6t− 150D₁− 40D₂ (t = 1,2,3,...,156) where and Forecast the two-day revenues for the next week.

A Local Newspaper That Appears Six Days Per Week Wanted