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A Forecaster Used the Regression Equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }

question 21

Multiple Choice

A forecaster used the regression equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 } and quarterly sales data for 2004I-2021IV (t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and D1,D2D _ { 1 } , D _ { 2 } and D3D _ { 3 } are dummy variables for quarters I,II,and III.  A forecaster used the regression equation  Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }  and quarterly sales data for 2004I-2021IV (t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and  D _ { 1 } , D _ { 2 }  and  D _ { 3 }  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 What is the estimated intercept of the trend line in the second quarter?

Understand the concept and application of test markets in marketing research.
Identify the role of information technology in turning marketing information into actions.
Recognize various experimental designs and their components in marketing.
Comprehend the function of data warehouses in managing marketing information.

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