A Consulting Firm Estimates the Following Quarterly Sales Forecasting Model

question 27

Multiple Choice

A consulting firm estimates the following quarterly sales forecasting model: The equation is estimated using quarterly data from 2005I-2015III t = 1,...,43) .The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are:
Given the above,these estimates indicate that the second quarter change in sales is

• A)22.5 units higher in the second quarter than in the other three quarters.
• B)1.86 units higher in the second quarter than in the other three quarters.
• C)2.00 units higher in the second quarter than in the other three quarters.
• D)24.5 units higher in the second quarter than in the other three quarters.

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