NOVA egressior esidual otal tercept IME -7- 5. Below you will find the inventory turnover rates (variable name = RATES) for Bassett Wholesale Enterprises, by quarter, and a simple linear trend model used to predict these rates with TIME = 0 in 1992:IV. The unit of time is one quarter. - df SS 1 3.10632 18 152.6432 8.480177 19 155.7495 MS F ignificance F 3.10632 0.366304 0.552581 Coefficientstandard Err t Stat P-value Lower 95% Upper 95%. 6.977368 1.35275 5.157914 6.6E-05 4.135344 9.819393 0.068346 0.112925 0.60523 0.552581 -0.168902 0.305594 Year 1993 1994 1995 1996 1997 1 4.4 4.1 3.9 5.0 4.3 this analysis? 11 Quarter 6.1 6.6 6.8 7.1 5.2 a. Interpret the coefficient of the time variable under these circumstances. (3 pts) b. What proportion of the variation in inventory turnover rates is associated with the time variable? (3 pts) c. Is there evidence of an upward trend in turnover rates? Use alpha = 0.05. Show all components of any test. (15 pts) 11.7 11.1 12.0 12.7 10.8 IV 7.2 8.6 9.7 9.0 7.6