Multiple Choice
Exhibit 18.5.Based on quarterly data collected over the last 4 years,the following regression equation was found to forecast the quarterly demand for the number of new copies of an economics textbook: 
, where Qtr1,Qtr2 and Qtr3 are dummy variables corresponding to Quarters 1,2 and 3.
Refer to Exhibit 18-5.The demand forecast for Quarter 2 of the next year is
A) 2640
B) 1970
C) 3610
D) 3305
Correct Answer:
Verified
Correct Answer:
Verified
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