TABLE 16-13 A Local Store Developed a Multiplicative Time-Series Model to Forecast

question 85

Short Answer

TABLE 16-13
A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 4-year period from 2005 to 2009. The following is the resulting regression equation:


-Referring to Table 16-13, using the regression equation, what is the forecast for the revenues in the first quarter of 2012?

---

Definitions:

Dopamine Activation

The stimulation of dopamine receptors in the brain, associated with reward, pleasure, and addiction mechanisms.

Token Economy

A behavior modification method using tokens as reinforcement for desired behaviors, which can be exchanged for rewards.

Continuous Schedule

In operant conditioning, it is a reinforcement schedule where a behavior is reinforced every time it occurs.

Fixed Ratio Schedule

A reinforcement schedule in behavior analysis where a response is reinforced only after a specified number of responses.