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1. Quarterly billing for water usage is shown below. Year Quarter 1 2 3 4 Winter 64 66 68 73 Spring 103 103 104 120 Summer 152 160 162 176 Fall 73 72 78 88 The forecast equation is: Ft = 64.875 - 6.1375Qtr1t + 32.325Qtr2t + 86.0375Qtr3t + 1.2875 (t). Forecast the summer of year 5 and spring of year 6 2. The average SAT verbal score for students from one high school over the last ten exams is 508, 490, 502, 505, 493, 506, 492, 490, 503, 501 Estimate the parameter (b0, b1) of the linear trend equation: T = b0 + b1 t, where T = trend value of the time series in period t. Must fully show all work in word format (no excel)
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