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SCENARIO 16-12 a Local Store Developed a Multiplicative Time-Series Model

question 141

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SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, 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% ( = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% ( = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% ( = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% ( = 0.05) . where SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, 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% ( = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% ( = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% ( = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% ( = 0.05) . is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, 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% ( = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% ( = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% ( = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% ( = 0.05) . is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, 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% ( = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% ( = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% ( = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% ( = 0.05) . is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: where is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, 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% ( = 0.05) . B) The quarterly growth rate in revenues is not significantly different from 0% ( = 0.05) . C) The quarterly growth rate in revenues is significantly different from 1.2% ( = 0.05) . D) The quarterly growth rate in revenues is not significantly different from 1.2% ( = 0.05) . is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise.
-Referring to Scenario 16-12, 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?

Definitions:

Par Value

Par Value is the face value of a bond or the stock value stated in the corporate charter, below which shares cannot be issued.

Transaction Fee

A fee charged for conducting a financial operation such as trading securities, processing payments, or other transactions.

Shares

Units of ownership interest in a corporation or financial asset, giving holders a portion of the company's profits and decision-making power.

PE Ratio

A valuation metric for stocks, calculated by dividing the current market price of a stock by its earnings per share.

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