North Dakota Electric Company estimates its demand trend line ( in millions of kilowatt hours) to be:
D 5 77 1 0.43Q
where Q refers to the sequential quarter number and Q 5 1 for winter of Year 1. In addition, the multiplicative seasonal factors are as follows:

Forecast energy use for the four quarters of year 25 ( namely quarters 101 to 104), beginning withwinter.

Transcribed Image Text:

I QUARTER Winter Spring Summer Fall FACTOR (INDEX) .8 1.1 1.4