Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 70.3 Q2 81.4 Q3 107 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.
Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 70.3 Q2 81.4 Q3 107 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:
Quarter
|
Seasonal Index
|
Q1
|
70.3
|
Q2
|
81.4
|
Q3
|
107
|
|
|
Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.
Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:
|
Coefficients
|
Intercept
|
2,345
|
Time
|
62.4
|
What is the forecast for period 104, if period 104 is a Q4? (please round your answer to 1 decimal place
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