Multiple Choice
A consulting firm estimates the following quarterly sales forecasting model: The equation is estimated using quarterly data from 2005I-2015III t = 1,...,43) .The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter,and 0 otherwise.
The results of the estimation are: Given the above,what is the estimated intercept of the trend line in the second quarter?
A) 22.50
B) 24.50
C) 24.36
D) 2.00
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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