Forecasted value for the 3rd quarter

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Reference no: EM133077304

Problem:

Year

Q1

Q2

Q3

Q4

2014

.

.

1,513

1,060

2015

1,431

1,123

994

679

2016

1,485

886

1,256

975

2017

1,256

1,156

1,163

1,062

2018

1,200

1,072

1,563

531

2019

1,022

1,169

.

.

  1. Enter the data in MS Excel, as demonstrated in the example video (data should be in columns, with a header row to clearly identify the data in each column).
  2. Create dummy variables for Q1, Q2, and Q3 (you do not need a Q4 variable, as discussed and demonstrated in the example video).
  3. Create the trend variable (a variable that increases by 1 for each quarter of time that passes,The forecasted value for the 3rd quarter of 2019 is

Reference no: EM133077304

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