Eight years of quarterly data of a seasonally adjusted series are used to estimate an exponential trend model as ln(Tt)ˆ = 2.50 + 0.05t with a standard error of the estimate, se = 0.09. In addition, quarterly seasonal indices are calculated as Sˆ 1 = 0.91, Sˆ 2 = 1.02, Sˆ 3 = 0.93, and Sˆ 4 = 1.04. a-1. Interpret the third quarterly index. In other words, what is the value of the series in the third quarter as compared to the average?

Which of the following is not a potential problem with beta and its estimation? sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different than the "true" or "expected future" beta. the beta of "the market," can change over time, sometimes drastically.

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?

The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.