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please help this questions price index with steps and answer, thanks 10. The BEST company has developed a trend equation which is based on the
please help this questions price index with steps and answer, thanks
10. The BEST company has developed a trend equation which is based on the quarterly sales on its Bluetooth wireless headphone (in 3'000) over the past 3 years is: y = 11.5 + 1. 6t where t = l for quarter 1 of year 1 The following table gives the adjusted seasonal index for each quarter. Using the additive model, complete the below table to determine the trend value and forecast for each of the four quarters of the fourth year (correct to 1 decimal place). Trend value (y) Adjusted Forecast (3'000) seasonal index (S '000) Year Quarter t 4 16 355 5.3Step by Step Solution
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