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2 Below are the past 8 quarters of demand for straw hats from the Monkey D. Luffy Millinery (a hat shop). Compute the trend
2 Below are the past 8 quarters of demand for straw hats from the Monkey D. Luffy Millinery (a hat shop). Compute the trend and seasonal index from a linear regression and then extend the regression to predict next years second quarter forecast, adjusted for seasonality (i.e. FITS for quarter 10). Quarter Amount 1 300 5 200 3 220 Quarter Amount 520 6 420 7 400 4 530 8 700
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