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A Forecaster Used the Regression Equation and Quarterly Sales

Question 64

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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) Yes,because 0.0362 < 0.05. B) No,because 0.0362 > 0.01. C) Yes,because 0.700 > 0.05. D) Yes,because 2.14 >0.05. E) both c and d 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) Yes,because 0.0362 < 0.05. B) No,because 0.0362 > 0.01. C) Yes,because 0.700 > 0.05. D) Yes,because 2.14 >0.05. E) both c and d 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) Yes,because 0.0362 < 0.05. B) No,because 0.0362 > 0.01. C) Yes,because 0.700 > 0.05. D) Yes,because 2.14 >0.05. E) both c and d 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) Yes,because 0.0362 < 0.05. B) No,because 0.0362 > 0.01. C) Yes,because 0.700 > 0.05. D) Yes,because 2.14 >0.05. E) both c and d At the 5 percent level of significance,is there a statistically significant trend in sales?


A) Yes,because 0.0362 < 0.05.
B) No,because 0.0362 > 0.01.
C) Yes,because 0.700 > 0.05.
D) Yes,because 2.14 >0.05.
E) both c and d

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