Refer to the Following

Multiple Choice

refer to the following:
The manufacturer of Beanie Baby dolls used quarterly price data for 2002I - 2010IV (t = 1, ..., 36) and the regression equation


to forecast doll prices in the year 2011. P_t is the quarterly price of dolls, and D1_t , D2_t and D3_t are dummy variables for quarters I, II, and III, respectively.

-At the 2 percent level of statistical significance, is there a statistically significant trend in the price of dolls?

A) Yes, because 0.0022 < 0.02.
B) No, because 0.0022 > 0.02.
C) Yes, because 0.800 > 0.02.
D) Yes, because 0.240 > 0.02.
E) Yes, because 3.33 > 0.02.