Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 70 Q2 134.5 Q3 115 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4. Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below: Coefficients Intercept 2,484 Time 73.2 In general, what quarter is the busiest time of the year? (please just answer 1, 2, 3, or 4)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:

 

Quarter

Seasonal Index

Q1

70

Q2

134.5

Q3

115

 

 

 
Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.

 
Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:

 

 

Coefficients

Intercept

2,484

Time

73.2

 
In general, what quarter is the busiest time of the year? (please just answer 1, 2, 3, or 4)

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