The manufacturer of Beanie Baby dolls used quarterly price data for 2005I - 2013IV t = 1,...,36)and the regression equation to forecast doll prices in the year 2014. is the quarterly price of dolls,and and are dummy variables for quarters I,II,and III,respectively. At the 2 percent level of statistical significance,the results indicate that price in the ________ quarter is significantly lower than in any other quarter.
A)1st
B)2nd
C)3rd
D)4th

Question

The manufacturer of Beanie Baby dolls used quarterly price data for 2005I - 2013IV t = 1,...,36)and the regression equation  to forecast doll prices in the year 2014.  is the quarterly price of dolls,and  and  are dummy variables for quarters I,II,and III,respectively.  At the 2 percent level of statistical significance,the results indicate that price in the ________ quarter is significantly lower than in any other quarter.
A)1st 
B)2nd 
C)3rd 
D)4th

Quizplus · Accepted Answer

The Answer of The manufacturer of Beanie Baby dolls used quarterly price data for 2005I - 2013IV t = 1,...,36)and the regression equation  to forecast doll prices in the year 2014.  is the quarterly price of dolls,and  and  are dummy variables for quarters I,II,and III,respectively.  At the 2 percent level of statistical significance,the results indicate that price in the ________ quarter is significantly lower than in any other quarter.
A)1st 
B)2nd 
C)3rd 
D)4th

The Manufacturer of Beanie Baby Dolls Used Quarterly Price Data