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Instruction 14-13
the Manager of a Marketing Consulting Firm Has

Question 131

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Instruction 14-13
The manager of a marketing consulting firm has been examining his company's yearly profits.He believes that these profits have been showing a quadratic trend since 1990.He uses Microsoft Excel to obtain the partial output below.The dependent variable is profit (in thousands of dollars),while the independent variables are coded years and squared of coded years,where 1990 is coded as 0,1991 is coded as 1,etc.
SUMMARY OUTPUT
Regression Statistics
 Multiple R 0.998 R Square 0.996 Adjusted R Square 0.996 Standard Error 4.996 Observations 17\begin{array} { l r } \text { Multiple R } & 0.998 \\ \text { R Square } & 0.996 \\ \text { Adjusted R Square } & 0.996 \\ \text { Standard Error } & 4.996 \\ \text { Observations } & 17 \end{array}
\quad\quad\quad\quad\quad\quad\quad Coefficients
Intercept 35.5\quad\quad\quad\quad\quad 35.5
Coded Year 0.45\quad\quad\quad\quad 0.45
 Year Squared 1.00\begin{array} { l l } \text { Year Squared } & 1.00 \end{array}
-Referring to Instruction 14-13,the forecast for profits in 2010 is ________.

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