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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Statistics For Business And Economics
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
11th Edition
978-0324783254, 324783256, 978-0324783247, 324783248, 978-0538481649
