Use the seasonal indexes and trend line to forecast the time series for the next 5 days

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Use the seasonal indexes and trend line to forecast the time series for the next 5 days in Exercise 20.22.

In exercise 20.22

For the following time series, compute the seasonal (daily) indexes. The regression line is

yÌ‚ = 16.8 + .366t (t = 1, 2, . . . , 20)

Week Day 2 3 Monday Tuesday Wednesday Thursday Friday 12 11 14 17 18 17 16 21 16 19 16 20 25 24 28 24 27 25 31 32

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Statistics For Management And Economics

ISBN: 9781337093453

11th Edition

Authors: Gerald Keller

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Question Posted: Jun 11, 2018 01:31 AM

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Use the seasonal indexes and trend line to forecast the time series for the next 5 days

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Week Day 2 3 Monday Tuesday Wednesday Thursday Friday 12 11 14 17 18 17 16 21 16 19 16 20 25 24 28 24 27 25 31 32

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Day 1 2 3 4 5 t 21 22 23 ...View the full answer

Statistics For Management And Economics

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