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Please answer this question step-by-step A regression model capturing trend and seasonality is represented by the equation below with X1 representing time (in months), X2
Please answer this question step-by-step
A regression model capturing trend and seasonality is represented by the equation below with X1 representing time (in months), X2 representing the February dummy variable, X3 representing the March dummy variable, and so on. y = 122.48 + 3.43X1 + 0.34X2 + 8.23X3 + 24.68X4 + 33.15X5 + 26.11X6 + 3.56X7 - 11.61X8 - 24.82Xg - 34.26X10 - 25.3X11 - 16.6X12 Assuming the data starts with January of Year 1, what would the forecast be for December of Year 4? Do not round yourStep by Step Solution
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