Consider the following to answer the question(s) below:
Quarterly sales data (in $10,000) for a small company specializing in green cleaning products are shown in the time series graph below. A seasonal regression model was fit to these data and the results are shown below.
-Which of the following is (are) true?
A) The seasonal regression model is significant in explaining sales as indicated by the F-statistic and associated P-value.
B) The seasonal regression model explains 79.3% of the variation in sales.
C) The t-statistics and associated P-values indicate that all dummy variables representing quarters are significant.
D) The seasonal regression model is significant in explaining sales as indicated by the F-statistic and associated P-value and the seasonal regression model explains 79.3% of the variation in sales.
E) All of the statements given here are true.

Question

Consider the following to answer the question(s) below:
Quarterly sales data (in $10,000) for a small company specializing in green cleaning products are shown in the time series graph below.  A seasonal regression model was fit to these data and the results are shown below. 
-Which of the following is (are) true?
A) The seasonal regression model is significant in explaining sales as indicated by the F-statistic and associated P-value. 
B) The seasonal regression model explains 79.3% of the variation in sales. 
C) The t-statistics and associated P-values indicate that all dummy variables representing quarters are significant. 
D) The seasonal regression model is significant in explaining sales as indicated by the F-statistic and associated P-value and the seasonal regression model explains 79.3% of the variation in sales. 
E) All of the statements given here are true.

Quizplus · Accepted Answer

All the statements provided are consistent with the information given, indicating the significance of the seasonal regression model and its explanatory power.

Consider the Following to Answer the Question(s) Below