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A coffee shop owner wants to estimate demand for the next four quarters for hot chocolate. Sales data consist of trend and seasonality. Quarter relatives
A coffee shop owner wants to estimate demand for the next four quarters for hot chocolate. Sales data consist of trend and
seasonality. Quarter relatives are for the first quarter, for the second quarter, for the third quarter, and for the fourth
quarter. Using the appropriate values of quarter relatives and the equation for the trend component, estimate demand
for periods
Note: Round all calculations to two decimal points.
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