33) Assume 4 years of monthly data was used to create a seasonally-adjusted forecasting model. Trend equation for the 4 years was found to be:
33) Assume 4 years of monthly data was used to create 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 [9.85]? C. 24.5 D. 17.2
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