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. Pt is the quarterly price of dolls, and D1t , D2t and D3t are dummy variables for quarters I, II, and III, respectively.
-What is the estimated intercept of the trend line in the 4th quarter?
A) 22.8
B) 16
C) 18
D) 20
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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