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(Solved): What is the forecast, including both trend and seasonality, for the fourth quarter of 2022. The reg ...
What is the forecast, including both trend and seasonality, for the fourth quarter of 2022. The regression equation is Y = 419.70+ 23x. X is for time period with time period 1 being first quarter 2021. The seasonal index is: 1QT=0.76, 2QT- 1.20, 3QT = 1.30 (Please keep 2 decimal for your answer) Your Answer:
Expert Answer
*************###########********************** Solution). Y = 419.70 + 23X Where X is number of quarters