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Estimate and interpret the linear trend model with seasonal dummy variables. Use the estimated model to make a consumer sentiment index forecast for December 2018.

Estimate and interpret the linear trend model with seasonal dummy variables.

Use the estimated model to make a consumer sentiment index forecast for December 2018.

Date Consumer Sentiment
Jan-10 74.4
Feb-10 73.6
Mar-10 73.6
Apr-10 72.2
May-10 73.6
Jun-10 76.0
Jul-10 67.8
Aug-10 68.9
Sep-10 68.2
Oct-10 67.7
Nov-10 71.6
Dec-10 74.5
Jan-11 74.2
Feb-11 77.5
Mar-11 67.5
Apr-11 69.8
May-11 74.3
Jun-11 71.5
Jul-11 63.7
Aug-11 55.8
Sep-11 59.5
Oct-11 60.8
Nov-11 63.7
Dec-11 69.9
Jan-12 75.0
Feb-12 75.3
Mar-12 76.2
Apr-12 76.4
May-12 79.3
Jun-12 73.2
Jul-12 72.3
Aug-12 74.3
Sep-12 78.3
Oct-12 82.6
Nov-12 82.7
Dec-12 72.9
Jan-13 73.8
Feb-13 77.6
Mar-13 78.6
Apr-13 76.4
May-13 84.5
Jun-13 84.1
Jul-13 85.1
Aug-13 82.1
Sep-13 77.5
Oct-13 73.2
Nov-13 75.1
Dec-13 82.5
Jan-14 81.2
Feb-14 81.6
Mar-14 80.0
Apr-14 84.1
May-14 81.9
Jun-14 82.5
Jul-14 81.8
Aug-14 82.5
Sep-14 84.6
Oct-14 86.9
Nov-14 88.8
Dec-14 93.6
Jan-15 98.1
Feb-15 95.4
Mar-15 93.0
Apr-15 95.9
May-15 90.7
Jun-15 96.1
Jul-15 93.1
Aug-15 91.9
Sep-15 87.2
Oct-15 90.0
Nov-15 91.3
Dec-15 92.6
Jan-16 92.0
Feb-16 91.7
Mar-16 91.0
Apr-16 89.0
May-16 94.7
Jun-16 93.5
Jul-16 90.0
Aug-16 89.8
Sep-16 91.2
Oct-16 87.2
Nov-16 93.8
Dec-16 98.2
Jan-17 98.5
Feb-17 96.3
Mar-17 96.9
Apr-17 97.0
May-17 97.1
Jun-17 95.0
Jul-17 93.4
Aug-17 96.8
Sep-17 95.1
Oct-17 100.7
Nov-17 98.5
Dec-17 95.9
Jan-18 95.7
Feb-18 99.7
Mar-18 101.4
Apr-18 98.8
May-18 98.0
Jun-18 98.2
Jul-18 97.9
Aug-18 96.2
Sep-18 100.1
Oct-18 98.6
Nov-18 97.5

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