A Local Newspaper That Appears Six Days Per Week Wanted $= 2000 + 0.6 t - 150 D _ { 1 } - 40 D _ { 2 }$

question 4

Essay

A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section. The revenues (in $1000s) were recorded for the past 52 weeks. From these data, the following regression equation was computed: $= 2000 + 0.6 t - 150 D _ { 1 } - 40 D _ { 2 }$ , t = 1, 2, 3,…156,
where: $D _ { 1 }$ = 1, if Monday or Tuesday
= 0, otherwise. $D _ { 2 }$ = 1, if Wednesday or Thursday
= 0, otherwise.
Forecast the two-day revenues for the next week.

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Definitions:

Directional Selection

A mode of natural selection where individuals with traits on one end of the spectrum are more likely to survive and reproduce, causing a shift in the population's genetic makeup.

Tree-Dwelling Frog

Amphibians that spend a significant portion of their lives in trees, exhibiting adaptations such as suction cup-like toe pads to aid in climbing.

Heritable Characteristic

A trait that can be passed from parents to their offspring through genes.

Quantifiable

Capable of being measured or expressed as a numerical value.