Forecast the advertising revenue for each quarter in 2011 usingseasonal dummy variables and a best subsets regression.? (Let thefirst dummy variable be equal to 1 for Quarter 2 and so? on,following the order of the seasonal categories in the given?table.
2008
2009
| quarter | Rev. in Millions |
| 1 | 433 |
| 2 | 407 |
| 3 | 402 |
| 4 | 460 |
2010
| quarters | rev. in millions |
| 1 | 347 |
| 2 | 297 |
| 3 | 292 |
| 4 | 332 |
A) The revenue forecast for the first quarter in 2011 is?
The revenue forecast for the second quarter in 2011 is?
The revenue forecast for the third quarter in 2011 is?
The revenue forecast for the fourth quarter is?
B.) quarter 4 has an average revenue that is ___ above that forquarter !
C.) Calculate the MAD for the forecast.
