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The following seasonal indices have been calculated for a time series of sales of umbrellas. .09490 .0.9965 .1.0750 .0.9795 Which of the following is the
The following seasonal indices have been calculated for a time series of sales of umbrellas. .09490 .0.9965 .1.0750 .0.9795 Which of the following is the correct interpretation of the 02 seasonal index? Select one: Q The sales of umbrellas in the second quarter are 3.5% below trendline projection O The sales of umbrellas in the second quarter are 3.5% below trendline projection on average 0 The sales of umbrellas in the second quarter are 0.35% below trendline projection on average 0 The sales of umbrellas in the second quarter are 0.35% below trendline projection ' Check ' The following model is used for forecasting the sales of lollipops (in thousand dollars): 1% = 21.141+ 6.94513 + 2.716152 The model was established using quarterly data starting from quarter index t=1 at Quarter 1, 2013. The correct forecasted trend value for the third quarter of 2019 is :l thousand dollars (please round your answer to 2 decimal places). Check
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