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(Solved): A forecaster used the regression equation Qt = a + bt + c1D1 + c2D2 + c3D3 and quarterly sales data ...



A forecaster used the regression equation Qt = a + bt + c1D1 + c2D2 + c3D3 and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III.

 

At the 5 percent level of significance, is there a statistically significant trend in sales?



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