Solved

A Company Has Developed a Linear Trend Regression Model Based

Question 81

Multiple Choice

A company has developed a linear trend regression model based on 16 quarters of data. The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter, 2 is spring, etc.) . The company has also developed seasonal indexes for each quarter as follows: A company has developed a linear trend regression model based on 16 quarters of data. The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter, 2 is spring, etc.) . The company has also developed seasonal indexes for each quarter as follows:   The linear trend forecast equation is: = 120 + 56t. Given this information, which of the four quarters beginning next winter (period t = 17)  will have the highest seasonally adjusted forecast? A)  Winter B)  Spring C)  Summer D)  Fall The linear trend forecast equation is: = 120 + 56t. Given this information, which of the four quarters beginning next winter (period t = 17) will have the highest seasonally adjusted forecast?


A) Winter
B) Spring
C) Summer
D) Fall

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions