Question
The turnover (M HUF) of a company between 2017 and 2019 in the 3. quarters: Year Turnover of the 3. quarter 2017 20 2018 24
The turnover (M HUF) of a company between 2017 and 2019 in the 3. quarters:
Year Turnover of the 3. quarter
2017 20
2018 24
2019 25
The equation of the linear trend: ý=11+1•t (t=1;2;3...n)
Seasonal variances
Quarters (M HUF) I. II. III. IV.
rough seasonal variances -3.0 -2.0 .... 4.0
corrected seasonal variances
Tasks:
a.) Interpret the parameters!
b.) Calculate and interpret the corrected seasonal variance in the 3. quarters!
c.) Calculate and interpret the irregular component in 2019 of the third quarter!
d.) Forecast the value in 2021 of the second quarter!
Step by Step Solution
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Step: 1
a The intercept 11 is the expected value of the variable when t0 Th...Get Instant Access to Expert-Tailored Solutions
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
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