Short Answer
A forecaster used the following regression equation and quarterly sales data during 1999II - 2007IV (t = 1, ..., 35) for an appliance manufacturer to obtain the estimation results shown below. Q is quarterly sales, and
,and
are seasonal dummy variables for quarters I, II, and III.
-The statistical estimates indicate a(n) ___________ (upward, downward) trend in sales of _________ units per quarter year.
Correct Answer:

Verified
Correct Answer:
Verified
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