Question 7 7.1 Consider the following quarterly demand levels for electricity (1000 megawatts) in Cape Town from 1988 to 1991. 1988 1989 1990 1991 Jan-Mach 21 35 39 76 Apr-June 42 54 82 114 July-Sept 60 91 136 160 Oct-Dec 12 14 28 40 a) Find the least squares trend line for electricity demand using x=0. b) Find the seasonal index for each Quarter. c) Estimate the demand for electricity for Quarter 4, 1992.

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Question 7
7.1
Consider the following quarterly demand levels for electricity (1000 megawatts) in Cape Town
from 1988 to 1991.
1988 1989 1990 1991
Jan-Mach 21
35
39
76
Apr-June
42
54
82
114
July-Sept 60
91
136
160
Oct-Dec
12
14
28
40
a) Find the least squares trend line for electricity demand usingEx = 0.
b) Find the seasonal index for each Quarter.
c) Estimate the demand for electricity for Quarter 4, 1992.
Transcribed Image Text:Question 7 7.1 Consider the following quarterly demand levels for electricity (1000 megawatts) in Cape Town from 1988 to 1991. 1988 1989 1990 1991 Jan-Mach 21 35 39 76 Apr-June 42 54 82 114 July-Sept 60 91 136 160 Oct-Dec 12 14 28 40 a) Find the least squares trend line for electricity demand usingEx = 0. b) Find the seasonal index for each Quarter. c) Estimate the demand for electricity for Quarter 4, 1992.
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