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SCENARIO 16-12 a Local Store Developed a Multiplicative Time-Series Model

Question 113

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SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation: SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,  where SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,  is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,  is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,  is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise. SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,  is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise.
-Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation?


A) X = 16, SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,
B) X = 16, SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,
C) X = 17, SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,
D) X = 17, SCENARIO 16-12 A local store developed a multiplicative time-series model to forecast its revenues in future quarters, using quarterly data on its revenues during the 5-year period from 2009 to 2013.The following is the resulting regression equation:   where   is the estimated number of contracts in a quarter. X is the coded quarterly value with X = 0 in the first quarter of 2008.   is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise.   is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise. -Referring to Scenario 16-12, to obtain the fitted value for the first quarter of 2013 using the model, which of the following sets of values should be used in the regression equation? A) X = 16,   B) X = 16,   C) X = 17,   D) X = 17,

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