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A Forecaster Used the Regression Equation and Quarterly Sales

Question 24

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A forecaster used the regression equation A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. At the 5 percent level of significance,is there a statistically significant trend in sales? A) No,because 1.5 < 2.66. B) No,because 1.5 < 2.00. C) No,because 2.14 < 2.66. D) Yes,because 2.14 > 2.00. E) none of the above and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. At the 5 percent level of significance,is there a statistically significant trend in sales? A) No,because 1.5 < 2.66. B) No,because 1.5 < 2.00. C) No,because 2.14 < 2.66. D) Yes,because 2.14 > 2.00. E) none of the above and A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. At the 5 percent level of significance,is there a statistically significant trend in sales? A) No,because 1.5 < 2.66. B) No,because 1.5 < 2.00. C) No,because 2.14 < 2.66. D) Yes,because 2.14 > 2.00. E) none of the above are dummy variables for quarters I,II,and III. A forecaster used the regression equation and quarterly sales data for 1996I-2013IV t = 1,...,64) for an appliance manufacturer to obtain the results shown below.Q is quarterly sales,and and are dummy variables for quarters I,II,and III. At the 5 percent level of significance,is there a statistically significant trend in sales? A) No,because 1.5 < 2.66. B) No,because 1.5 < 2.00. C) No,because 2.14 < 2.66. D) Yes,because 2.14 > 2.00. E) none of the above At the 5 percent level of significance,is there a statistically significant trend in sales?


A) No,because 1.5 < 2.66.
B) No,because 1.5 < 2.00.
C) No,because 2.14 < 2.66.
D) Yes,because 2.14 > 2.00.
E) none of the above

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