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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 53

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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:   Using the estimated trend line above,what is the predicted level of sales in 2020IV ? A) 110.06 B) 106.20 C) 104.34 D) 102.2 E) none of the above Using the estimated trend line above,what is the predicted level of sales in 2020IV ?


A) 110.06
B) 106.20
C) 104.34
D) 102.2
E) none of the above

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