Solution: Regression analysis was used to estimate the following linear trend equation: S t = -26 + 10 t The ratio-to-trend method was used to calculate


Question: Regression analysis was used to estimate the following linear trend equation:

S t = -26 + 10 t

The ratio-to-trend method was used to calculate 0.75, 0.95, 1.10, and 1.20, which are the seasonal adjustment factors for quarters 1, 2, 3, and 4, respectively.

Use this information to determine the forecast value for the first quarter of time period 9.

  1. 87
  2. 64
  3. 48
  4. None of the above is correct.

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Solution: The downloadable solution consists of 1 pages
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