QUESTION 1 3.2 points Saved Forecasting (General Knowldedge): If Month of the Year were a qualitative variable, the number of new corresponding dummy variables we would have to create is: O a. 1 o b. 11 O c. 12 O d. None of the above. QUESTION 2 3.2 points Save Answer Forecasting (General Knowldedge): When running regression to determine a forecast model, the y-variable data must be on the far left-hand side of the spreadsheet. O a. True O b. False O c. It depends on the data. O d. None of the above. QUESTION 3 3.2 points Save Answer Forecasting (General Knowldedge): The forecast of one period must be greater than or equal to the forecast of the previous period. O a. True O b. False O c. It depends on the data O d. None of the above. QUESTION 4 3.2 points Save Answer Sales (Trend): The pattern of the raw data suggests that weighted moving average is one appropriate forecasting method for this dataset. O a. True O b. False O c. There is not enough information to answer. d None of the above