Question: Consider the following linear trend models estimated from 10 years of quarterly data with and without seasonal dummy variables d, d and dy. Here,

Consider the following linear trend models estimated from 10 years of quarterly

Consider the following linear trend models estimated from 10 years of quarterly data with and without seasonal dummy variables d, d and dy. Here, d =1 for quarter 1, 0 otherwise; other dummy variables are defined similarly Model 1 948.00 +0.44t Model 29 48.00 0.461 0.38d1 -0.42d2 -0.12dg a. Make a forecast for the first and the fourth quarter of the 11th year (Round your answers to 2 decimal places.) Date 1 Quarter, Year 11 4th Quarter, Year 11 Model 1 Model 2 ces b. Which is the preferred model for forecasting if, relative to Model 1, Model 2 has higher a2 but lower adjusted ? because it has

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