Exhibit 11.12 The Following Questions Use the Data Below

Multiple Choice

Exhibit 11.12
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a seasonal regression model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is provided in the following table.
-Refer to Exhibit 11.12. What formula should be entered in cell E3 to compute the value for the indicator variable for year 1 Quarter 1?

A) =IF($B$3<>$E$2,1,0)
B) =IF($B3=E$2,1)
C) =IF($B$3=$E$2,0,1)
D) =IF($B3=E$2,1,0)