Problem 6-25 Consider the following time series data. Choose the correct time se

Question

Problem 6-25

Consider the following time series data.

Choose the correct time series plot.

What type of pattern exists in the data?

Use a multiple regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data. Qtr1 = 1 if Quarter 1, 0 otherwise; Qtr2 = 1 if Quarter 2, 0 otherwise; Qtr3 = 1 if Quarter 3, 0 otherwise. If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)

Value =  +  Qtr1 +  Qtr2 +  Qtr3 +  t

Compute the quarterly forecasts for next year. If required, round your answers to two decimal places.

Quarter 1 forecast =

Quarter 2 forecast =

Quarter 3 forecast =

Quarter 4 forecast =

Explanation / Answer

option (iii) is correct chart. all the dots are on right numbers

For 2nd part please post question again mentioning to solve 2nd part only.

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