Six years of quarterly data of a seasonally adjusted series are used to estimate a linear trend model as TˆT^ t = 151.60 + 1.16t. In addition, quarterly seasonal indices are calculated as SˆS^ 1 = 0.87, SˆS^ 2 = 0.81, SˆS^ 3 = 1.07, and SˆS^ 4 = 1.23.Make a forecast for all four quarters of next year. (Do not round intermediate calculations. Round your answers to 2 decimal places.) yˆty^tQuarter 1 Quarter 2 Quarter 3 Quarter 4

The provided estimated equation of the linear trend model is,

Answered: Six years of quarterly data of a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Six years of quarterly data of a seasonally adjusted series are used to estimate a linear trend model as TˆT^ _t = 151.60 + 1.16t. In addition, quarterly seasonal indices are calculated as SˆS^ ₁ = 0.87, SˆS^ ₂ = 0.81, SˆS^ ₃ = 1.07, and SˆS^ ₄ = 1.23.

Make a forecast for all four quarters of next year. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

	yˆty^t
Quarter 1
Quarter 2
Quarter 3
Quarter 4

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