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    Regression Analysis

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    Regression analysis was used to estimate the following seasonal forecasting equation:

    St = 124 + 18 D1 - 46 D2 - 28 D3 + 2.5 t

    D1 is a dummy variable that is equal to one in the first quarter and zero otherwise; D2 is a dummy variable that is equal to one in the second quarter and zero otherwise; and D3 is a dummy variable that is equal to one in the third quarter and zero otherwise. Forecast the level of sales in the second quarter of time period ten (t = 10)

    © BrainMass Inc. brainmass.com October 10, 2019, 12:52 am ad1c9bdddf
    https://brainmass.com/economics/regression/regression-analysis-310969

    Solution Summary

    Regression Analysis to forecast sales

    $2.19