Multiple Choice
Based on quarterly data collected over the last five years,the following regression equation was found to forecast the quarterly demand for the number of new copies of a business statistics textbook: 
= 2,298 - 6635Qtr1 - 1,446Qtr2 + 303Qtr3 + 26t,where Qtr1,Qtr2,and Qtr3 are dummy variables corresponding to Quarters 1,2,and 3,and t = time period. For a given year,the demand in Quarter 3 is on average _________.
A) 1,749 copies lower than in Quarter 2
B) 303 copies higher than in Quarter 2
C) 1,775 copies higher than in Quarter 2
D) 1,446 copies higher than in Quarter 2
Correct Answer:
Verified
Correct Answer:
Verified
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