Quarter 2005 2006 2007 2008 2009 2010 Qtr1 5,196 5,109 6,065 7,360 7,130 7,700 Qtr2 6,300 6,455 7,695 9,035 8,212 8,655 Qtr3 6,027 6,402 7,652 8,299 8,015 8,407 Qtr4 5,541 5,895 7,293 7,015 7,468 10,475 (b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.) yt = + t + Q1 + Q2 + Q3 (c) Use the regression equation to make a prediction for each quarter in 2011. (Enter your answers in millions rounded to 3 decimal places.) Quarter Predicted Q1 Q2 Q3 Q4
Quarter 2005 2006 2007 2008 2009 2010 Qtr1 5,196 5,109 6,065 7,360 7,130 7,700 Qtr2 6,300 6,455 7,695 9,035 8,212 8,655 Qtr3 6,027 6,402 7,652 8,299 8,015 8,407 Qtr4 5,541 5,895 7,293 7,015 7,468 10,475 (b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.) yt = + t + Q1 + Q2 + Q3 (c) Use the regression equation to make a prediction for each quarter in 2011. (Enter your answers in millions rounded to 3 decimal places.) Quarter Predicted Q1 Q2 Q3 Q4
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 18PT: To allocate annual bonuses, a manager must choose his top four employees and rank them first to...
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Year | Quarter | Revenue |
2005 | Qtr1 | 5,196 |
Qtr2 | 6,300 | |
Qtr3 | 6,027 | |
Qtr4 | 5,541 | |
2006 | Qtr1 | 5,109 |
Qtr2 | 6,455 | |
Qtr3 | 6,402 | |
Qtr4 | 5,895 | |
2007 | Qtr1 | 6,065 |
Qtr2 | 7,695 | |
Qtr3 | 7,652 | |
Qtr4 | 7,293 | |
2008 | Qtr1 | 7,360 |
Qtr2 | 9,035 | |
Qtr3 | 8,299 | |
Qtr4 | 7,015 | |
2009 | Qtr1 | 7,130 |
Qtr2 | 8,212 | |
Qtr3 | 8,015 | |
Qtr4 | 7,468 | |
2010 | Qtr1 | 7,700 |
Qtr2 | 8,655 | |
Qtr3 | 8,407 | |
Qtr4 | 10,475 |
Quarter | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
Qtr1 | 5,196 | 5,109 | 6,065 | 7,360 | 7,130 | 7,700 |
Qtr2 | 6,300 | 6,455 | 7,695 | 9,035 | 8,212 | 8,655 |
Qtr3 | 6,027 | 6,402 | 7,652 | 8,299 | 8,015 | 8,407 |
Qtr4 | 5,541 | 5,895 | 7,293 | 7,015 | 7,468 | 10,475 |
(b) State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.)
yt = + t + Q1 + Q2 + Q3
(c) Use the regression equation to make a prediction for each quarter in 2011. (Enter your answers in millions rounded to 3 decimal places.)
Quarter | Predicted |
Q1 | |
Q2 | |
Q3 | |
Q4 | |
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