The table given below indicates New Holding Ltd.’s quarterly profits in 2019 and 2020. Time         Period       Profit (Thousands Of Rands) 2019          Q1            250 2019          Q2            210 2019          Q3            165 2019          Q4            195 2020          Q1            265 2020          Q2             218 2020          Q3            178 2020          Q4            204 Determine the trend regression function for this data set. Given that the typical seasonal index for Q3 is 87.3, use this information and the trend regression function obtained to determine the

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The table given below indicates New Holding Ltd.’s quarterly profits in 2019 and 2020.
Time         Period       Profit (Thousands Of Rands)
2019          Q1            250
2019          Q2            210
2019          Q3            165
2019          Q4            195
2020          Q1            265
2020          Q2             218
2020          Q3            178
2020          Q4            204

Determine the trend regression function for this data set. Given that the typical seasonal index for Q3 is 87.3, use this information
and the trend regression function obtained to determine the
seasonally adjusted trend estimate for profits in Q3 of 2022.

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