South Shore Construction builds permanent docks and seawalls along the southern shore of Long Island, New York. Although the firm has been in business only five years, revenue has incand from £212,000first year of operation to $1,079,000 in the most recent year. The following data show the quarterly sales revenue in thousands of dollars.Quarter12Year 120102174Year 22812925437Year 3B1165329AYYear 410220338377Year159284448179 b. Use the following dummy variables to develop an estimated regression equation to account for any seasonal effects in the Qtri-1 Quarter 1,0 otherwise: Q2-1 Quarter 2, Q-1Quarter 3,0 otherwise. Round your answers to whole numberRevenne-Qtrl +Qu2+Compute the quarterly forecasts for next year.Quarter 1 forecastQuarter 2 forecastQuarter 3 forecastQuarter 4 forecastc. Let Period 1 to refer to the observation in quarter 1 of year 1: Period 2 to refer to the observation in quarter 7dummy variables defined in part (b) and Period, develop an estimated regression equation to account for seasonaltrend, compute the quarterly forecasts for next year. Round your answers to whole number Enter negative sourThe regression equationRevenue-Qurl +The quarterly forecasts for next year are as follows:Quarter 1 forecastQuarter 2 forecastQuarter & forecastQuarter & forecastQuraQua+QuiPeriodyourTand Period 20 fer the matter of year 100 theNarred in the time senesteente

QuarterYear 1Year 2Year 3Year 4Year 512028811021592102129165203284317425432938344848175377178

6. Use the following dummy variables to develop an estimated regression equation to account for any seasonal effects in the Q-1 Quarter 1,0 otherwise Q2-1 Quarter 2, 9Q3-1 Quarter 3,0 otherwise. Round your answers to whole number Revenue- Qui + Qua+ Compute the quarterly forecasts for next year Quarter 1 forecast Quarter 2 forecast Quarter 3 forecast Quarter 4 forecast c. Let Period 1 to refer to the observation in quarter 1 of year 1: Period 2 to refer to the observation in quarter of year nd Period 20theuer of yer 3. ge dummy variables defined in part (b) and Period, develop an estimated regression equation asformasi ones en trend, compute the quarterly forecasts for next year Round your answers to whole number Enter nep The regression equation Revenue s The quarterly forecasts for next year are as follows: Quarter 1 forecast Quarter 2 furecam Quarter & forecast Quarter & forecast Qua Qua+ Qua Period