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TABLE 16-5 a Contractor Developed a Multiplicative Time-Series Model to Forecast the Forecast

question 51

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TABLE 16-5
A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation:
TABLE 16-5 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation:      -Referring to Table 16-5, the best interpretation of the coefficient of X (0.117)  in the regression equation is: A)  the quarterly compound growth rate in contracts is around 30.92%. B)  the annual compound growth rate in contracts is around 30.92%. C)  the quarterly compound growth rate in contracts is around 11.7%. D)  the annual compound growth rate in contracts is around 11.7%. TABLE 16-5 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation:      -Referring to Table 16-5, the best interpretation of the coefficient of X (0.117)  in the regression equation is: A)  the quarterly compound growth rate in contracts is around 30.92%. B)  the annual compound growth rate in contracts is around 30.92%. C)  the quarterly compound growth rate in contracts is around 11.7%. D)  the annual compound growth rate in contracts is around 11.7%.
-Referring to Table 16-5, the best interpretation of the coefficient of X (0.117) in the regression equation is:


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