Table 6-12 Nonseasonally-adjusted Quarterly Data on Retail Sales of Hobby, Toy, and Game Stores from 1992:I to 2008:II 1992 1992 1992 1992 1993 1993 1993 1993 1994 1994 1994 1994 1995 1995 1995 1995 1996 1996 1996 1996 1997 1997 1997 1997 1998 1998 1998 1998 1999 1999 1999 1999 2000 2000 2000 2000 2001 2001 2001 2001 2002 2002 2002 2002 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 620.3333 701.6667 661 1796.667 624 718.6667 704.6667 1866 697.3333 766 800.6667 2051 728.3333 859.6667 854.3333 2160.333 782.6667 799 879.6667 2403.667 855.6667 932.3333 969.6667 2279 914.3333 1014.333 1030.667 2350.333 1018 1086 1105 2374.333 1005.667 1108 1150.667 2416.333 1014 1074.333 1075.667 2474 1021.667 1059 1085.667 2503.333 2003 2003 2003 2003 2004 2004 2004 2004 2005 2005 2005 2005 2006 2006 2006 2006 2007 2007 2007 2007 2008 2008 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 996 1108 1104.333 2381.333 1061.333 1043.667 1068.333 2354.667 1049.333 1084.667 1057.333 2309.667 1096.333 1090.667 1097.333 2206 1095 1131.667 1163.333 2369.667 1237 1236.667 US Retail Sales: Hobby, toy, and game stores: NAICS 45112: NSA: Millions of dollars http://www.economagic.com/ Problem Set 5 Data in Table 6-12 give nonseasonally adjusted quarterly data on retail sales of hobby, toy, and game stores. Consider the following model: Salest =B1 +B 2 D2 t + B3 D 3 t + B4 D4 t + ut where D2 t =1 if in the 2nd quarter, =0 otherwise D 3 t =1 if in the 3rd quarter, =0 otherwise D 4 t =1 if in the 4th quarter, =0 otherwise Use Stata to answer the following questions: 1. Estimate the model above. 2. What is the interpretation of the coefficients? 3. Give a logical reason for why the results are this way