A Consulting Firm Estimates the Following Quarterly Sales Forecasting Model $Q _ { t } = a + b t + c D$

question 43

Multiple Choice

A consulting firm estimates the following quarterly sales forecasting model: $Q _ { t } = a + b t + c D$ The equation is estimated using quarterly data from 20010I-2020III (t = 1,...,43) .The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are: Given the above,what is the estimated intercept of the trend line in the third quarter?

• A)22.50
• B)24.50
• C)24.36
• D)2.00
• E)none of the above

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Definitions:

Machiavellianism

A personality trait that involves manipulativeness, a lack of empathy, and a focus on self-interest and deception to achieve one's goals.

Personality Characteristic

A trait or quality that contributes to the unique emotional and behavioral features of an individual.

External Locus of Control

The belief that one's outcomes in life are determined by external forces or chance rather than personal actions.

Internal Locus of Control

A psychological concept referring to individuals who believe that they have control over the events and outcomes in their lives, as opposed to external forces determining their fate.