Business, 25.02.2021 18:30 bxbykay1

As reported in the chapter, quarterly revenue (in billions of dollars) for Nike is estimated as R= 3.820 + 0.139t + 0.168 Upper D1 + 0.482 Upper D2 + 0.594 Upper D3, where t is a time trend, Upper D1 is a dummy variable indicating the year's first quarter, Upper D2 is a dummy variable indicating the second quarter, and Upper D3 is a dummy variable indicating the third quarter.
What does this estimation tell us about first quarter revenues for Nike compared to the revenue in the fourth quarter? All else equal, in the first quarter, did Nikes revenues decrease? remain unchanged? or increase? relative to revenues in the fourth quarter.

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As reported in the chapter, quarterly revenue (in billions of dollars) for Nike is estimated as R=...

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