Exhibit 11.10 The Following Questions Use the Data Below

question 65

Multiple Choice

Exhibit 11.10
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a quadratic trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.
-Refer to Exhibit 11.10. What are predicted sales for the fourth quarter of year 4?

• A) 1170 ≤ predicted sales < 1175
• B) 1310 ≤ predicted sales < 1315
• C) 1460 ≤ predicted sales < 1465
• D) 1615 ≤ predicted sales < 1620

---

Definitions:

Translation Loss

A decrease in the value of a company's assets or income due to changes in exchange rates when consolidating financial statements of subsidiaries in foreign currencies.

U.S. Dollars

The currency of the United States, widely used as a standard of exchange in international markets.

Free Trade

An economic policy where countries allow imports and exports with minimal governmental intervention, aiming to achieve economic growth through international trade.

Market Products

Goods, services, or securities offered for sale or trade in a particular market segment.