Question
Regression was used to model quarterly profits ($000's) of a company. Estimated Profits = 2.33+ 8.67t + 4.26 Q1 + 6.58Q2 - 2.42Q4 Where t
Regression was used to model quarterly profits ($000's) of a company.
Estimated Profits = 2.33+ 8.67t + 4.26 Q1 + 6.58Q2 - 2.42Q4
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.
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Linear Algebra
Authors: Stephen H Friedberg, Arnold J Insel, Lawrence E Spence
4th Edition
0321998898, 9780321998897
