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. What is the estimated intercept of the trend line in the fourth quarter?
A) 0
B) 40
C) 55
D) 70
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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