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A Local Newspaper That Appears Six Days Per Week Wanted =2000+0.6t150D140D2=2000+0.6 t-150 D_{1}-40 D_{2}

Question 76

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A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section. The revenues (in $1000s) were recorded for the past 52 weeks. From these data, the following regression equation was computed:  A local newspaper that appears six days per week wanted to forecast two-day revenues from its business services classified ads section. The revenues (in $1000s) were recorded for the past 52 weeks. From these data, the following regression equation was computed:   =2000+0.6 t-150 D_{1}-40 D_{2}  , t = 1, 2, 3,…156, where:  D _ { 1 }  = 1, if Monday or Tuesday = 0, otherwise.  D _ { 2 }  = 1, if Wednesday or Thursday = 0, otherwise. Forecast the two-day revenues for the next week. =2000+0.6t150D140D2=2000+0.6 t-150 D_{1}-40 D_{2} , t = 1, 2, 3,…156,
where: D1D _ { 1 } = 1, if Monday or Tuesday
= 0, otherwise. D2D _ { 2 } = 1, if Wednesday or Thursday
= 0, otherwise.
Forecast the two-day revenues for the next week.

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