Refer to the previous exercise for a description of the data set. a. Estimate a linear trend

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Refer to the previous exercise for a description of the data set.

a. Estimate a linear trend model with seasonal dummy variables.

b. Estimate a quadratic trend model with seasonal dummy variables.

c. Use the appropriate model to make quarterly forecasts for 2009.

Data from previous exercise

Year Quarter Revenue 2001 1.403683 2001 1.287625 2008 4 1.097712

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Business Statistics Communicating With Numbers

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3rd Edition

Authors: Sanjiv Jaggia

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Question Posted: May 08, 2019 10:04 AM

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Refer to the previous exercise for a description of the data set. a. Estimate a linear trend

Question:

Year Quarter Revenue 2001 1.403683 2001 1.287625 2008 4 1.097712

Step by Step Answer:

Let y t represent the series over time t 1232 a b The linear and quadra...View the full answer

Business Statistics Communicating With Numbers

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