Trend line for the four quarters

Reference no: EM13101287

The trend line y = 0.70 + 0.005t was calculated from quarterly data for 1999 -2003, where t = 1 for the first quarter of 1999. The seasonal indexes computed from the trend line for the four quarters of the year 2004 were .85, 1.05, 1.15, and .80, respectively. The seasonalized forecast for the third quarter of the year 2004 is ??

Reference no: EM13101287

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