(Solved) You want to predict sales of soft drinks produced by your company. After regressing quarterly sales vs. trend and seasonal dummies you obtained


Question: You want to predict sales of soft drinks produced by your company. After regressing quarterly sales vs. trend and seasonal dummies you obtained the following results.

  1. Interpret obtained results. in which quarter the mean sales are the highest?
  2. Make prediction for the next four quarters if the trend variable had values from 1 to 16 in the first 4 years (that is the quarters in the fifth year).
  3. What kind of problem can you expect if you add Winter dummy variable.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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