a) Regression was used to model quarterly electricity costs ($) for a household Estimated Electricity Cost 138 76 8 36t 52 76 Q1 6 41Q2 24 84Q4 With t is in quarters and the origin is att 0 June 2020 Q1, Q2, Q4 are dummy variables for March, June and December, respectively Q3 is the dummy variable for the September quarter and is the benchmark for this model What is the value that measures the seasonal variation of electricity cost of this household for the March quarter Please give your answer correctly rounded to two decimal places b) Regression was used to model quarterly profits ($000's) of a company Estimated Profits 4 8 4 43t 4 48 Q1 5 65Q2 2 04Q4 Where t is in quarters and the origin is att 0 June 2018 Q1, Q2, Q4 are dummy variables for the quarters of March, June and December, respectively Q3 is the dummy variable for the September quarter and is the benchmark for this model What is the value that measures the trend component per quarter Please give your answer correctly rounded to two decimal places c) The following model forecasts the volume ofproducts sold by a company, per quarter, where t 0 in the March quarter of 2017 Estimated VolumeSold 142 53 30 82t 13 65Q 1 32 67Q 3 12 15Q 4 Q 1 , Q 3 and Q 4 are dummy variables for the March quarter, September quarter and December quarter, respectively Q 2 is the dummy variable for June quarter and is the benchmark for this model Forecast the number of products sold by this company for the March quarter of 2025 Please give your answer correctly rounded to two decimal places d) Regression was used to model the number of visitors to a DVD store, per quarter Estimated Number of visitors 122 55 2 29t 45 87 Q1 4 9Q2 17 2Q4 With t is in quarters and the origin is att 0 June March 2010 Q1, Q2, Q4 are dummy variables for March, June and December, respectively Q3 is the dummy variable for the September quarter and is the benchmark for this model Which of the following is the correct interpretation of the coefficient of t The number of visitors to this DVD store does not change, per quarter The number of visitors to this DVD store is trending upwards and increase by 124 84 per quarter The number of visitors to this DVD store is trending upwards and increase by 2 29 per quarter The number of visitors to this DVD store is trending downwards and decrease by 124 84 per quarter The number of visitors to this DVD store is trending downwards and decrease by 2 29 per quarter e) EXCEL was used to create the following regression output for the number of orders received per month, by a store Part of the regression output is provided below

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a) Regression was used to model quarterly electricity costs ($) for a household. Estimated Electricity Cost = 138.76+ 8.36t + 52.76 Q1 ? 6.41Q2 +24.84Q4

Regression was used to model quarterly electricity costs ($) for a household.

Estimated Electricity Cost = 138.76+ 8.36t + 52.76 Q1 ? 6.41Q2 +24.84Q4

With t is in quarters and the origin is att = 0 June 2020

Q1, Q2, Q4 are dummy variables for March, June and December, respectively.

Q3 is the dummy variable for the September quarter and is the benchmark for this model.

What is the value that measures the seasonal variation of electricity cost of this household for the March quarter?Please give your answer correctly rounded to two decimal places.

Regression was used to model quarterly profits ($000's) of a company.

Estimated Profits = 4.8+ 4.43t + 4.48 Q1 + 5.65Q2 - 2.04Q4

Where t is in quarters and the origin is att = 0 June 2018.

Q1, Q2, Q4 are dummy variables for the quarters of March, June and December, respectively.

Q3 is the dummy variable for the September quarter and is the benchmark for this model.

What is the value that measures the trend component per quarter?Please give your answer correctly rounded to two decimal places.

The following model forecasts the volume ofproducts sold by a company, per quarter, where t = 0 in the March quarter of 2017:

Estimated VolumeSold= 142.53 + 30.82t + 13.65Q₁?32.67Q₃+ 12.15Q₄

Q₁, Q₃and Q₄are dummy variables for the March quarter, September quarter and December quarter, respectively.

Q₂is the dummy variable for June quarter and is the benchmark for this model.

Forecast the number of products sold by this company for the March quarter of 2025.Please give your answer correctly rounded to two decimal places.

Regression was used to model the number of visitors to a DVD store, per quarter.

Estimated Number of visitors = 122.55? 2.29t ? 45.87 Q1 ? 4.9Q2 + 17.2Q4

With t is in quarters and the origin is att = 0 June March 2010

Q1, Q2, Q4 are dummy variables for March, June and December, respectively.

Q3 is the dummy variable for the September quarter and is the benchmark for this model.

Which of the following is the correct interpretation of the coefficient of t?

The number of visitors to this DVD store does not change, per quarter.
The number of visitors to this DVD store is trending upwards and increase by 124.84 per quarter.
The number of visitors to this DVD store is trending upwards and increase by 2.29 per quarter.
The number of visitors to this DVD store is trending downwards and decrease by 124.84 per quarter.
The number of visitors to this DVD store is trending downwards and decrease by 2.29 per quarter

EXCEL was used to create the following regression output for the number of orders received per month, by a store.Part of the regression output is provided below: