Given the following gasoline consumption data. Quarter Year 1 Year 2 Year 3


Question: Given the following gasoline consumption data.

Quarter Year 1 Year 2 Year 3
1 150 156 175
2 140 148 156
3 185 201 208
4 160 175 185

(a) Estimate a multiple regression with trend and seasonal dummy variables. (10 points)

(b) Predict gasoline consumption for every quarter in the fourth year. (5 points)

(Tips: First, the data table needs to be reformatted into “year,” “quarter”, “gasoline” three columns. Then create a trend variable and dummy variables for quarters)

Price: $2.99
Answer: The solution file consists of 2 pages
Deliverables: Word Document

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