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Year Q1 Q2 Q3 Q4 2014 . . 1,513 1,060 2015 1,431 1,123 994 679 2016 1,485 886 1,256 975 2017 1,256 1,156 1,163 1,062

Year Q1 Q2 Q3 Q4
2014 . . 1,513 1,060
2015 1,431 1,123 994 679
2016 1,485 886 1,256 975
2017 1,256 1,156 1,163 1,062
2018 1,200 1,072 1,563 531
2019 1,022 1,169 . .

  1. Enter the data in MS Excel, as demonstrated in the example video (data should be in columns, with a header row to clearly identify the data in each column).
  2. Create dummy variables for Q1, Q2, and Q3 (you do not need a Q4 variable, as discussed and demonstrated in the example video).
  3. Create the trend variable (a variable that increases by 1 for each quarter of time that passes

To calculate the forecasted value for the third quarter of 2019, which answer shows the correct values for Q1, Q2, and Q3?

a.Q1=0, Q2=0, and Q3=1

b.Q1=0, Q2=0, and Q3=0

c.Q1=0, Q2=1, and Q3=0

d.Q1=1, Q2=1, and Q3=0

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