Quarterly Sales Revenue (In $Million) for a Particular Company Has

question 44

Essay

Quarterly sales revenue (in $million) for a particular company has been modelled using linear regression with indicator variables:
Y = 132 + 2Q1 + 3Q2 - 5Q4 + 2t
Where t is time in quarters, with origin March 2006 and Q1, Q2 and Q4 are the indicator variables for March, June and December quarters, respectively.
Describe the trend and seasonal effects.

---

Definitions:

SEC Registration

The process of filing documents required by the Securities and Exchange Commission for new securities to be sold to the public.

Treasuries

Government debt securities issued by the United States Department of the Treasury to finance government spending as an alternative to taxation.

Factoring Receivables

Selling receivables to a financing source for an amount less than their face value.

Financial Organization

An entity that provides financial services such as investments, insurance, banking, or brokerage services.