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TABLE 16-5 a Contractor Developed a Multiplicative Time-Series Model to Forecast the Forecast

Question 9

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TABLE 16-5
A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation:
TABLE 16-5 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation: -Referring to Table 16-5, to obtain a forecast for the first quarter of 2009 using the model, which of the following sets of values should be used in the regression equation? A) X = 12, Q<sub>1</sub> = 0, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 B) X = 12, Q<sub>1</sub> = 1, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 C) X = 13, Q<sub>1</sub> = 0, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 D) X = 13, Q<sub>1</sub> = 1, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 TABLE 16-5 A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2006 to 2008. The following is the resulting regression equation: -Referring to Table 16-5, to obtain a forecast for the first quarter of 2009 using the model, which of the following sets of values should be used in the regression equation? A) X = 12, Q<sub>1</sub> = 0, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 B) X = 12, Q<sub>1</sub> = 1, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 C) X = 13, Q<sub>1</sub> = 0, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0 D) X = 13, Q<sub>1</sub> = 1, Q<sub>2</sub> = 0, Q<sub>3</sub> = 0
-Referring to Table 16-5, to obtain a forecast for the first quarter of 2009 using the model, which of the following sets of values should be used in the regression equation?


A) X = 12, Q1 = 0, Q2 = 0, Q3 = 0
B) X = 12, Q1 = 1, Q2 = 0, Q3 = 0
C) X = 13, Q1 = 0, Q2 = 0, Q3 = 0
D) X = 13, Q1 = 1, Q2 = 0, Q3 = 0

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