Answered: The following equation summarizes the…

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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Question

The following equation summarizes the trend portion of quarterly sales of condominiums over a long cycle. Sales also exhibit seasonal variations. Using the information given, prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that.

F_t = 30 – 5.5t + 2.5t²

Where

F_t = Unit Sales

t = 0 at, the first quarter of this year

Quarter	Relative
1	1.1
2	1.0
3	0.7
4	1.2

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