A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64)for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. What is the estimated intercept of the trend line in the second quarter?
A)25
B)26.6
C)55
D)65
E)none of the above

Question

A forecaster used the regression equation  and quarterly sales data for 1996I-2013IV t = 1,...,64)for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and  and  are dummy variables for quarters I,II,and III.  What is the estimated intercept of the trend line in the second quarter?
A)25 
B)26.6 
C)55 
D)65 
E)none of the above

Quizplus · Accepted Answer

The Answer of A forecaster used the regression equation  and quarterly sales data for 1996I-2013IV t = 1,...,64)for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and  and  are dummy variables for quarters I,II,and III.  What is the estimated intercept of the trend line in the second quarter?
A)25 
B)26.6 
C)55 
D)65 
E)none of the above

A Forecaster Used the Regression Equation and Quarterly Sales