Consider the Following to Answer the Question(s) Below

question 2

Multiple Choice

Consider the following to answer the question(s) below:
Quarterly sales data (in $10,000) for a small company specializing in green cleaning products are shown in the time series graph below. A seasonal regression model was fit to these data and the results are shown below.
The regression equation is Sales = 89.06 + 1.37t - 23.37Q2 - 23.91Q3 + 27.88Q4.
-The regression coefficients in the seasonal regression model indicate that

• A) sales are, on average, lower in the first, second and third quarters compared with the fourth quarter.
• B) sales are, on average, lowest in the fourth quarter.
• C) sales are, on average, higher in the first, second and third quarters compared with the fourth quarter.
• D) sales are, on average, lowest in the first quarter.
• E) sales are, on average, lowest in the third quarter.

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Definitions:

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