Question: create monthly dummy variables and a yearly time trend for alfalfa prices. b. Estimate a regression model using real alfalfa prices (Jan 1995 - May

create monthly dummy variables and a yearly time trend for alfalfa prices. b. Estimate a regression model using real alfalfa prices (Jan 1995 - May 2021) as the dependent variable and the monthly dummy variables and yearly time trend as the independent or explanatory variables. c. What is the adjusted R-squared indicating? d. Interpret the coefficient of the yearly time trend. e. Interpret the coefficient of May. f. Forecast 5 steps ahead.

Here is a link to the data on google sheets!

https://docs.google.com/spreadsheets/d/1MCUxFEOvox3mDclMG4FzcCcgaylk6lXk5M8rktcdG44/edit?usp=sharing

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