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Regression Analysis Was Used to Develop the Following Equation from 60

Question 11

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Regression analysis was used to develop the following equation from 60 observations of quarterly data:  Regression analysis was used to develop the following equation from 60 observations of quarterly data:   = 2500 - 3 t - 3 Q _ { 1 } + 2 Q _ { 2 } + 5 Q _ { 3 }  , where:  Q _ { i }  = 1, if quarter i (i = 1, 2, 3) = 0, otherwise Forecast the next four quarters. =25003t3Q1+2Q2+5Q3= 2500 - 3 t - 3 Q _ { 1 } + 2 Q _ { 2 } + 5 Q _ { 3 } ,
where: QiQ _ { i } = 1, if quarter i (i = 1, 2, 3)
= 0, otherwise
Forecast the next four quarters.

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