Multiple Choice
A forecaster used the regression equation and quarterly sales data for 2004I-2021IV (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. At the 5 percent level of significance,is there a statistically significant trend in sales?
A) Yes,because 0.0362 < 0.05.
B) No,because 0.0362 > 0.01.
C) Yes,because 0.700 > 0.05.
D) Yes,because 2.14 >0.05.
E) both c and d
Correct Answer:

Verified
Correct Answer:
Verified
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