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Please solve the following question with easy to follow explanation. 1. The following trend line and seasonal indices were calculated from four weeks of rally
Please solve the following question with easy to follow explanation.
1. The following trend line and seasonal indices were calculated from four weeks of rally sales Trend line : 14 - 200 4 1.81 and the seasonal effect are provided in the following table. Day Sunday |Monday | Tumday | Wednesday Thursday Friday Saturd Seasonal Index | 10 04 | 05 1.4 10 Interpret the seasonal index for Sunday and Friday, Forecast Saturday's sales values for the next weekStep by Step Solution
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