Instruction 14-6
A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the four-year period from 2005 to 2009. The following is the resulting regression equation:
Where
is the coded quarterly value with in the first quarter of 2005 .
is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.
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 Instruction 14-6,using the regression equation,what is the forecast for the revenues in the third quarter of 2003?
Correct Answer:
Verified
Q77: Instruction 14-6
A local store developed a
Q78: Instruction 14-5
A contractor developed a multiplicative
Q79: Instruction 14-4
The number of train passengers arriving
Q80: The method of least squares is used
Q81: Instruction 14-6
A local store developed a
Q83: Instruction 14-6
A local store developed a
Q84: Instruction 14-6
A local store developed a
Q85: Instruction 14-8
The number of cases of
Q86: Instruction 14-8
The number of cases of
Q87: Instruction 14-7
The monthly advertising expenditures of
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