SCENARIO 16-14 a Contractor Developed a Multiplicative Time-Series Model to Forecast the Forecast

question 179

Multiple Choice

SCENARIO 16-14
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 2011 to
-Referring to Scenario 16-14, in testing the coefficient of X in the regression equation (0.117) the results were a t-statistic of 9.08 and an associated p-value of 0.0000. Which of the
Following is the best interpretation of this result?

• A) The quarterly growth rate in the number of contracts is significantly different from 0% (α = 0.05).
• B) The quarterly growth rate in the number of contracts is not significantly different from 0% (α = 0.05).
• C) The quarterly growth rate in the number of contracts is significantly different from 100% (α = 0.05).
• D) The quarterly growth rate in the number of contracts is not significantly different from 100% (α = 0.05).

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Definitions:

Pollen Grain

The immature male gametophyte of seed plants (gymnosperms and angiosperms) that produces sperm capable of fertilization.

Microsporocytes

Cells in plants that undergo meiosis to produce microspores, which eventually develop into male gametophytes or pollen grains.

Strobili

Strobili are reproductive structures in plants, especially conifers and ferns, that resemble cones or simple spikes and are composed of scales or bracts.

Male and Female Reproductive Parts

These refer to the organs and structures in animals and plants responsible for reproduction, with male parts typically producing sperm and female parts producing eggs.