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A Forecaster Used the Regression Equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }

Question 44

Multiple Choice

A forecaster used the regression equation Qt=a+bt+c1D1+c2D2+c3D3Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 } 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 D1,D2D _ { 1 } , D _ { 2 } and D3D _ { 3 } are dummy variables for quarters I,II,and III.  A forecaster used the regression equation  Q _ { t } = a + b t + c _ { 1 } D _ { 1 } + c _ { 2 } D _ { 2 } + c _ { 3 } D _ { 3 }  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  D _ { 1 } , D _ { 2 }  and  D _ { 3 }  are dummy variables for quarters I,II,and III.   In any given year,quarterly sales tend to vary as follows: A) Q<sub>I</sub> > Q<sub>II</sub> > Q<sub>III</sub> > Q<sub>IV</sub> B) Q<sub>I</sub> > Q<sub>II</sub> > Q<sub>IV</sub> > Q<sub>III</sub> C) Q<sub>II</sub> > Q<sub>III</sub> > Q<sub>IV</sub> > Q<sub>I</sub> D) Q<sub>III</sub> > Q<sub>II</sub> > Q<sub>I</sub> > Q<sub>IV</sub> E) Q<sub>III</sub> > Q<sub>IV</sub> > Q<sub>II</sub> > Q<sub>I</sub> In any given year,quarterly sales tend to vary as follows:


A) QI > QII > QIII > QIV
B) QI > QII > QIV > QIII
C) QII > QIII > QIV > QI
D) QIII > QII > QI > QIV
E) QIII > QIV > QII > QI

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