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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.
Using a 5 percent significance level,these estimation results indicate that sales in
Freons
A trademarked name for a group of chlorofluorocarbon (CFC) and hydrochlorofluorocarbon (HCFC) gases used primarily as refrigerants and aerosol propellants, now commonly linked to ozone depletion.
Propellants
Chemicals that are used to propel an object by generating gas under pressure; common in rockets and aerosol cans.
Aerosol Cans
Containers that use pressurized gas to dispense substances in a fine spray.
N-hexane
A straight-chain alkane with the formula C6H14, used as a non-polar solvent in the extraction of edible oils from seeds and vegetables.
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