Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A linear trend line was fitted to a deseasonalised set of quarterly data for 2020. From the equation of the trend, we see thatthe values

  1. A linear trend line was fitted to a deseasonalised set of quarterly data for 2020. From the equation of the trend, we see thatthe values of the intercept and slope are 256 and 15.6, respectively. The normalised seasonal indices for the first three quarters are 1.2, 0.7 and 0.8, respectively.Based on this information, the seasonally adjusted forecast value for the fourth quarter of 2020 is _____. Note: Y is deseasonalised data and X is quarter number (coded 1, 2, 3 and 4).

a.413.92

b.382.08

c.244.92

d.222.80

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Number Theory A Historical Approach

Authors: John J Watkins

1st Edition

1400848741, 9781400848744

More Books

Students also viewed these Mathematics questions

Question

Personal role: This consists of service to family and friends.

Answered: 1 week ago