Below you are given the seasonal indexes and the estimated trend equation for a time series. These values were computed on the basis of 5 years of quarterly data.
Quarter
Seasonal Index St
1
1.2
2
.9
3
.8
4
1.1
?
Tt = 126.23 - 1.6tProduce forecasts for all four quarters of the next period (year 6) by using the seasonal and trend components.
What will be an ideal response?
111.156, 81.927, 71.544, 96.613
Business
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