Ten years of monthly data of a seasonally adjusted series are used to estimate a linear trend
Question:
Ten years of monthly data of a seasonally adjusted series are used to estimate a linear trend model as T̂t = 24.50+ = 24.50 + 0.48t. In addition, seasonal indices for January and February are calculated as 1.04 and 0.92, respectively. Make a forecast for the first two months of next year.
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T= 24.50 +
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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