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

question 42

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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:
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, in testing the significance of the coefficient of X in the regression equation (0.012) which has a p-value of 0.0000. Which of the following is the best interpretation of this result? A) The quarterly growth rate in revenues is significantly different from 0% (α = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% (α = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% (α = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% (α = 0.05) .
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, in testing the significance of the coefficient of X in the regression equation (0.012) which has a p-value of 0.0000. Which of the following is the best interpretation of this result? A) The quarterly growth rate in revenues is significantly different from 0% (α = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% (α = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% (α = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% (α = 0.05) .
-Referring to Table 16-13, in testing the significance of the coefficient of X in the regression equation (0.012) which has a p-value of 0.0000. Which of the following is the best interpretation of this result?

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