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Mathematics, 25.06.2020 07:01 iBrain

A contractor developed a multiplicative time-series model to forecast the number of contracts in future quarters, using quarterly data on number of contracts during the 3-year period from 2010 to 2012. The following is the resulting regression equation: ln = 3.37 + 0.117 X - 0.083 Q1 + 1.28 Q2 + 0.617 Q3 where is the estimated number of contracts in a quarter X is the coded quarterly value with X = 0 in the first quarter of 2010 Q1 is a dummy variable equal to 1 in the first quarter of a year and 0 otherwise Q2 is a dummy variable equal to 1 in the second quarter of a year and 0 otherwise Q3 is a dummy variable equal to 1 in the third quarter of a year and 0 otherwise Using the regression equation, which of the following values is the best forecast for the number of contracts in the third quarter of 2013?A. The quarterly growth rate in the number of contracts is significantly different from 100% (? = 0.05). B. The quarterly growth rate in the number of contracts is not significantly different from 0% (? = 0.05).
C. The quarterly growth rate in the number of contracts is significantly different from 0% (? = 0.05).
D. The quarterly growth rate in the number of contracts is not significantly different from 100% (? = 0.05).

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