Consider the following quarterly demand level for electricity (in 1000 megawatts) in Mankweng from 2018 to 2022: 2018 2019 2020 2021 2022 21 35 49 60 10 42 54 55 64 05 July-Sept 60 91 95 99 Oct-Dec 12 14 74 80 Jan-March Apr - June 1. Find the least squares trend line for electricity demand using Σx = 0 method. 2. Find the seasonal index for each quarter. 3. Find adjusted seasonal index.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Sp is forever
Consider the following quarterly demand level for electricity (in 1000 megawatts) in
Mankweng from 2018 to 2022:
Jan - March
Apr - June
July - Sept
Oct - Dec
2018 2019
2020 2021 2022
21 35
49
60 10
42
54
55
64
05
60
91
95 99
12 14 74 80
1. Find the least squares trend line for electricity demand using Σ x = 0 method.
2. Find the seasonal index for each quarter.
3. Find adjusted seasonal index.
4. Find the De-seasonalized values for Quarter 1, 2,3 and 4 for the year 2023.
5. Estimate the demand for electricity for Quarter 1, 2, 3 and 4 for the year 2024.
Transcribed Image Text:Consider the following quarterly demand level for electricity (in 1000 megawatts) in Mankweng from 2018 to 2022: Jan - March Apr - June July - Sept Oct - Dec 2018 2019 2020 2021 2022 21 35 49 60 10 42 54 55 64 05 60 91 95 99 12 14 74 80 1. Find the least squares trend line for electricity demand using Σ x = 0 method. 2. Find the seasonal index for each quarter. 3. Find adjusted seasonal index. 4. Find the De-seasonalized values for Quarter 1, 2,3 and 4 for the year 2023. 5. Estimate the demand for electricity for Quarter 1, 2, 3 and 4 for the year 2024.
Expert Solution
steps

Step by step

Solved in 4 steps with 7 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman