(See Steps) North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be: D = 77 + 0.43Q, where Q refers to the sequential
Question: (10 points) North Dakota Electric Company estimates its demand
trend line (in millions of kilowatt hours) to be:
D = 77 + 0.43Q,
where Q refers to the sequential quarter number and Q = 1 for winter of Year 1.
In addition, the multiplicative seasonal factors are as follows:
Quarter Factor (Index)
Winter 0.8
Spring 1.1
Summer 1.4
Fall 0.7
Forecast energy use for the four quarters of year 25, beginning with winter.
Deliverable: Word Document 