Question: b . Test to see whether the coefficients you have estimated are statistically different from zero, using a 9 5 percent confidence level and a
Test to see whether the coefficients you have estimated are statistically different from zero, using a percent confidence level and a onetailed test.
c What percentage of the variation in sales is explained by this model?
d Use this model to make a sales forecast SF for Q through Q given the previously forecast values for unemployment NRURF and income INCF as follows:
tablePeriodSales,Inc,NRUR,TimeMarJunSepDecMarJunSep
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