Question
The trend line y^= 500 + 30t, ( t = 1, 2, 3, , 20), and the seasonal indexes shown in the table below were
The trend line y^= 500 + 30t, (t = 1, 2, 3, , 20), and the seasonal indexes shown in the table below were computed from five years of quarterly sales data. Use whole number. Do not use dollar sign.
| Quarter | Seasonal Index |
| 1 | 1.4 |
| 2 | 1.2 |
| 3 | 0.9 |
| 4 | 0.5 |
Forecast the sales for the next first quarter.?
Forecast the sales for the next third quarter.?
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
