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As a writer for a consumer product testing magazine, you are given the task of analyzing three different paints for drying time. You run Consider
As a writer for a consumer product testing magazine, you are given the task of analyzing three different paints for drying time. You run Consider the following time series: tests under various conditions: you vary the Temperature, the Humidity, whether or not a ceiling Fan is on, and the type of paint: --. BrandA, Brand B, or Brand C. The dependent variable is the Time the painted surface takes to dry. You run a regression and obtain the Period Value following output: Regression Statistics Multiple R 0.966 R Square 0.933 Adjusted R Square 0.919 Standard Error 3.127 Observations 30 Coefficients Standard Error t Stat P-value Intercept -4.587 2.532 -1.812 0.0826 CIT Temperature -1.260 0.100 -12.595 4.76E-12 Humidity 0.839 0.138 2.70E-06 Fan -3.751 1.532 -2.448 0.0221 What is the exponentially smoothed value for period 3, using a smoothing constant of 0.4? Brand A 2.504 1.503 1.666 0.1088 Brand B 3.328 Select one: 1.486 2.239 0.0347 O a. 4.84 Consider the following quarterly data with additional information below the data: Put the paint brands in their estimated order from the fastest drying time on the left to slowest drying time on the right. O b. 5.76 Quarter Period Retail Sales Remember, fast drying time means a low drying time. 2006 First 12 O c. 5.456 Second 18 O d. 7.4 Third 25 Fourth 20 Select one: O e. 7.6 2007 First 16 O a. Brand A, Brand B, Brand C Second 18 Third 30 O b. Brand B, Brand A, Brand C Fourth 21 2008 First 15 O c. Brand C, Brand A, Brand B Second 10 17 O d. Brand C, Brand B, Brand A Third 11 29 Fourth 12 20 O e. No determination can be made since there is no Brand C estimated coefficient The trend line for the data is Y, = 17.06 + 0.47t. The seasonal indexes are 0.739,0.897, 1.380, and 0.984 respectively. What is the percentage of trend for the third quarter of 2006? Select one: O a. 18.470 % O b. 73.880 % O C. 127.270 % O d. 138.000 % O e. 135.355 %
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