A Forecaster Used the Regression Equation and Quarterly Sales

question 20

Multiple Choice

A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. What is the estimated intercept of the trend line in the second quarter?

• A)25
• B)26.6
• C)55
• D)65
• E)none of the above

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Definitions:

Dumping

The act of a country or business selling products at less than what it costs to produce them.

International Business

The buying, selling, and trading of goods and services across national boundaries.

Large Corporations

Extensive organizations known for their sizable employee count, large operational scope, and substantial market influence.