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Refer to the Following:
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 44

Multiple Choice

Refer to the following:
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 1996I-2013IV (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.
 DEPENDENTVARIAELE:  aT  R-SQUARE  F-RATIO  P-VALUE ON F  OESERVATIONS: 64 0.8768 107.9820.0001 PARAMETER  STANDARD  VARIAELE  ESTIMATE  ERROR  T-RATIO  P-VALUE  INTERCEPT 30.012.82.340.0224 T 1.50.702.140.0362 D1 10.03.03.330.0015 D2 25.07.23.470.0010 D3 40.015.82.530.0140\begin{array} { | l l l l l l } \hline \text { DEPENDENTVARIAELE: } & \text { aT } & \text { R-SQUARE } & \text { F-RATIO } & \text { P-VALUE ON F } \\\text { OESERVATIONS: } & 64 & \text { 0.8768 } & 107.982 & 0.0001 & \\& & \text { PARAMETER } & \text { STANDARD } & & \\\text { VARIAELE } & & \text { ESTIMATE } & \text { ERROR } & \text { T-RATIO } & \text { P-VALUE } \\\text { INTERCEPT } & & 30.0 & 12.8 & 2.34 & 0.0224 \\\text { T } & & 1.5 & 0.70 & 2.14 & 0.0362 \\\text { D1 } & & 10.0 & 3.0 & 3.33 & 0.0015 \\\text { D2 } & & 25.0 & 7.2 & 3.47 & 0.0010 \\\text { D3 } & & 40.0 & 15.8 & 2.53 & 0.0140 \\\hline\end{array}
-The estimated QUARTERLY increase in sales is ______ units, and the estimated ANNUAL increase in sales is ______ units.

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Definitions:

Amino Acid

Organic molecules that serve as the building blocks of proteins, containing both an amino group and a carboxyl group.

Coding Region

A portion of a gene's DNA or RNA that codes for protein.

AUG

The codon in messenger RNA that signals the start of translation and the amino acid methionine.

UAA

One of the three stop codons in the genetic code that signals the end of protein synthesis.

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