Question: Given the regression equation Y=108.811+(3.968First)+(0.732Second)+(8.534Third)+(0.334Trend) Y=census First=dummy variable for Q1 Second=dummy variable for Q2 Third=dummy variable for Q3 Trend=variable increasing by 1 unit for each
Given the regression equation Y=108.811+(3.968First)+(0.732Second)+(8.534Third)+(0.334Trend)
Y=census
First=dummy variable for Q1
Second=dummy variable for Q2
Third=dummy variable for Q3
Trend=variable increasing by 1 unit for each quarter since the data were collected
If we want to forecast (predict) the census for the 20th quarter in the trend, which occurs in the fourth quarter of the year, the value is:
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