Multiple Choice
refer to the following:
A consulting firm estimates the following quarterly sales forecasting model:
The equation is estimated using quarterly data from 2000I-2010III (t = 1,..., 43) . The variable D is a dummy variable for the second quarter where:
D = 1 in the second quarter, and 0 otherwise.
The results of the estimation are:
-Using the estimated trend line, what is the predicted level of sales in 2011I ?
A) 110.06
B) 106.20
C) 104.34
D) 102.2
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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