Question: Use the female average weekly earnings data in question 14.13. a. Do you think that the female earnings are subject to seasonal variation? Explain. b.

Use the female average weekly earnings data in question 14.13.

a. Do you think that the female earnings are subject to seasonal variation? Explain.

b. Plot the data. Does this chart support your answer to (a)?

c. Develop an exponential trend forecasting equation with quarterly components.

d. Interpret the quarterly compound growth rate.

e. Interpret the quarterly multipliers.

f. What are the forecasts for all four quarters of 2017?

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