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A Consulting Firm Estimates the Following Quarterly Sales Forecasting Model Qt=a+bt+cDQ _ { t } = a + b t + c D

Question 65

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A consulting firm estimates the following quarterly sales forecasting model: Qt=a+bt+cDQ _ { t } = a + b t + c D The equation is estimated using quarterly data from 20010I-2020III (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:  A consulting firm estimates the following quarterly sales forecasting model:  Q _ { t } = a + b t + c D  The equation is estimated using quarterly data from 20010I-2020III (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,at the 1 percent level of significance,is there a statistically significant trend in sales? A) Yes,because 0.0016 < 0.01. B) No,because 0.0016 < 0.01. C) Yes,because 0.55 > 0.01. D) Yes,because 1.86 > 0.01. E) both c and d Given the above,at the 1 percent level of significance,is there a statistically significant trend in sales?


A) Yes,because 0.0016 < 0.01.
B) No,because 0.0016 < 0.01.
C) Yes,because 0.55 > 0.01.
D) Yes,because 1.86 > 0.01.
E) both c and d

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