The manufacturer of Beanie Baby dolls used quarterly price data for 2005 - 2013 IV (t= 1, ..., 36) and the regression equationPt = a + bt+ c ₁ D1 t + c ₂ D2t+ c3 D3 tto forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1 t, D2 t, and D3 tare dummy variables for quarters I, II, and III, respectively.DEPENDENT VARIABLE: PTR-SQUARE0.9078P-VALUE ON F0.0001OBSERVATIONS:36PARAMETERESTIMATEF-RATIO76.34STANDARDERROR6.20VARIABLET-RATIOINTERCEPT24.03.87T0.8000.2403.33D1-8.02.60-3.08-6.00D21.80-3.33-4.00.60-6.67D3What is the estimated intercept of the trend line in the 1st quarter?32O 24O-816ActivaGo to SO none of the aboveP-VALUE0.00050.00220.00430.00220.0001

Answered: Image /qna-images/answer/3088168c-3653-4c66-a58c-78c56d3a44d1.jpg

The manufacturer of Beanie Baby dolls used quarterly price data for 2005 - 2013 IV (t= 1,..., 36) and the regression equation Pt= a + bt+ c 1 D1t+ c2 D2t+ c3 D3 t to forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1, D2 t, and D3 fare dummy variables for quarters I, II, and III, respectively. DEPENDENT VARIABLE: PT OBSERVATIONS: 36 R-SQUARE 0.9078 P-VALUE ON F 0.0001 PARAMETER ESTIMATE F-RATIO 76.34 STANDARD ERROR 6.20 VARIABLE T-RATIO 3.87 INTERCEPT 24.0 T 0.800 0.240 3.33 D1 -8.0 2.60 -3.08 D2 -6.00 1.80 -3.33 D3 -4.0 0.60 -6.67 What is the estimated intercept of the trend line in the 1st quarter? 4 O 32 24 O-8 O 16 Acti Go to Onone of the above P-VALUE 0.0005 0.0022 0.0043 0.0022 0.0001

The manufacturer of Beanie Baby dolls used quarterly price data for 2005 - 2013 IV (t= 1,..., 36) and the regression equation Pt= a + bt+ c 1 D1t+ c2 D2t+ c3 D3 t to forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1, D2 t, and D3 fare dummy variables for quarters I, II, and III, respectively. DEPENDENT VARIABLE: PT OBSERVATIONS: 36 R-SQUARE 0.9078 P-VALUE ON F 0.0001 PARAMETER ESTIMATE F-RATIO 76.34 STANDARD ERROR 6.20 VARIABLE T-RATIO 3.87 INTERCEPT 24.0 T 0.800 0.240 3.33 D1 -8.0 2.60 -3.08 D2 -6.00 1.80 -3.33 D3 -4.0 0.60 -6.67 What is the estimated intercept of the trend line in the 1st quarter? 4 O 32 24 O-8 O 16 Acti Go to Onone of the above P-VALUE 0.0005 0.0022 0.0043 0.0022 0.0001

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.6: Higher-degree Polynomials And Rational Functions

Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...

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