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Determine the forecast for the month

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Question - San Diego Hospital used 60 data entries over 5 years and arrived at the model yˆ = 8.091 + 21.5t. The data was known to exhibit Seasonal effects as well. Suppose the monthly index for the 61st month is 1.0436. Determine the forecast for the 61st month.

Reference no: EM133084778

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