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Textbook sales. The quarterly sales data (number of copies sold) for a college textbook over the past 3 years are as follows: Quarter Yr 1

Textbook sales. The quarterly sales data (number of copies sold) for a college textbook over the past 3 years are as follows:
Quarter Yr 1 Yr 2 Yr 3
1 1690 1800 1850
2 940 900 1100
3 2625 2900 2930
4 2500 2360 2615
d. Let t= 1 refer to the observation in quarter 1 of year 1; t=2 refer to the observation in quarter 2 of year 1;.; and t=12 refer to observation in quarter 4 of year 3.
Using dummy variables defined in part (b) and t, develop an equation to account for seasonal effects and any linear trend in the time series.
e. Based upon the seasonal effects in the data and linear trend, compute the quarterly forecasts for the next year.

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