Question
33. Assume 4 years of monthly data was used to a seasonally-adjusted forecasting model. Trend equation for the 4 years was found to be: y
33. Assume 4 years of monthly data was used to a seasonally-adjusted forecasting model. Trend equation for the 4 years was found to be: y = 65 + 6.7X. Seasonal factors are reported in the table below. Compute a seasonally-adjusted forecast for quarter 4 of year 5.
| QTR1 | QTR2 | QTR3 | QTR4 |
| 0.12 | 0.35 | 0.42 | 0.1 |
a. 10.8
b. 98.5
c. 24.5
d. 17.2
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
