Problem 6-25 Consider the following time series data. Choose the correct time se
ID: 2419558 • Letter: P
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.