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: Using the estimated trend line above,what is the predicted level of sales in 2015IV ?
A) 110.06
B) 106.20
C) 104.34
D) 102.2
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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