Multiple Choice
Refer to the following:
A forecaster used the regression equation
and quarterly sales data for 1996I-2013IV (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.
-The estimated QUARTERLY increase in sales is ______ units, and the estimated ANNUAL increase in sales is ______ units.
A) 1.5; 6
B) 1.4; 4
C) 30; 4
D) 1.5; 40
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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