Multiple Choice
Refer to the following:
The manufacturer of Beanie Baby dolls used quarterly price data for 2005I - 2013IV (t = 1, ..., 36) and the regression equation
to forecast doll prices in the year 2014.
is the quarterly price of dolls, and
and
are dummy variables for quarters I, II, and III, respectively.
-In any given year price tends to vary from quarter to quarter as follows:
A) PI > PII > PIII > PIV
B) PI > PIV > PIII > PII
C) PII > PIII > PIV > PI
D) PIII > PI > PII > PIV
E) PIV > PIII > PII > PI
Correct Answer:

Verified
Correct Answer:
Verified
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