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Sunny HW Chapter 18 3 6:25 D Sepp attoo H Ave Mc Graw Hin Exercise 18-15 Algo Vacation destinations often run on a seasonal basis, depending on the primary activities in that location. Amanda Wang is the owner of a travel agency in Cincinnati, Ohio, She has built a database of the number of vacation packages (Vacation) that she has sold over the last twelve years. The accompanying table contains a portion of quarterly data on the number of vacation packages sold Year 2008 2008 2019 Quarter 2 4 Vacation 420 67 80 Sever CaictureClick here for the Excel Data File a. Estimate the linear regression models using seasonal dummy variables with and without the trend term. Which is the preferred model? (Negative values for regression coefficients should be indicated by a minus sign. Round your answers to 2 decimal places) tased on the value of < Prev 38 Next > Submit 15 PM 1/10/2012
BO'Y Sunny HW Chapter 18 3 6:25 poin P PH Mc Graw Hill b. Use the preferred model to forecast the quarterly number of vacation packages sold in the first two quarters of 2020 (Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places) Date bined on the value of Quarter 1 Quarter 2 Forecast < Prev 3 of Next > Help Save & Exh Check my work 9301 116/00