Use the seasonal indexes and trend line from Exercise 20.27 to forecast the number of cable subscribers
Question:
Use the seasonal indexes and trend line from Exercise 20.27 to forecast the number of cable subscribers for the next four quarters.
In exercise 20.27
The number of cable television subscribers has increased over the past 5 years. The marketing manager for a cable company has recorded the numbers of subscribers for the past 24 quarters.
a. Plot the numbers.
b. Compute the seasonal (quarterly) indexes.
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