Instruction 14-11
the Manager of a Marketing Consulting Firm Has $\text { SUMMAROUTPUT }$

question 96

Short Answer

Instruction 14-11
The manager of a marketing consulting firm has been examining his company's yearly profits. He believes that these profits have been showing a quadratic trend since 1990. He uses Microsoft Excel to obtain the partial output below. The dependent variable is profit (in thousands of dollars), while the independent variables are coded years and squared of coded years, where 1990 is coded as 0, 1991 is coded as 1, etc.
$\text { SUMMAROUTPUT }$
$\text { Regression Statistics }$
$\begin{array}{ll}\text { MultipleR } & 0.998 \\\text { R Square } & 0.996 \\\text { Adjusted R Square } & 0.996 \\\text { StandardError } & 4.996 \\\text { Observations } & 17\end{array}$

$\begin{array}{ll} & \text { Coefficients } \\\text { Intercept } & 35.5 \\\text { Coded Year } & 0.45 \\\text { Year Squared } & 1.00\end{array}$

-Referring to Instruction 14-11,the fitted value for 1990 is _______.

---

Definitions:

Third Harmonic

A harmonic that is three times the frequency of the fundamental frequency, often causing distortion in power systems.

Revolutionary War

A war fought from 1775 to 1783, in which the Thirteen American Colonies won independence from British rule, becoming the United States of America.

Vietnam War

A prolonged conflict (1955-1975) between communist forces in North Vietnam and non-communist forces in South Vietnam, heavily involving the United States and leading to significant casualties and societal disruption.

Modern War

Warfare involving the large-scale use of advanced technology and tactics, significantly different from traditional or early forms of conflict.