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Data sets are there Question Data.xls contains quarterly data on sales of refrigerators and durable goods for the period 1978 to 1995. a. Estimate the

Data sets are there

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Question Data.xls contains quarterly data on sales of refrigerators and durable goods for the period 1978 to 1995. a. Estimate the following dummy variable models and interpret the results. FRIG = B1 +B2D2 + B3D3 + B4D4 + J DUR = B1 +B2D2 + B3D3 + BAD4 + H b. Introduce a dummy variable DI representing sales in the first quarter. Then, re-estimate the following models and interpret the results. FRIG = BIDI + B2D2 + B3D3 + B4D4 + H DUR = BIDI + B2D2 + B3D3 + 4D4 + ul c. De-seasonalize the sales of refrigerators and durable goods using the three step seasonal adjustment procedure. Explain the procedure and purpose of de-seasonalization.\f

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