Question: ( 1 2 points ) The following equation summarizes the trend projection of quarterly sales of condos over a long cycle. Sales exhibit seasonal variation.

(12 points) The following equation summarizes the trend projection of quarterly sales of condos over a long cycle. Sales exhibit seasonal variation. Using the information given, prepare seasoned forecast of sales for each quarter of next year (not this year).
Ft=40-6.5t+2t2, where Ft= Unit sales, t=1 is 1st quarter of last year
Assume seasonal relatives Q1=1.1,Q2=1.0, and Q3=0.6
Find Q4 seasonal relative: Seasonal relatives adds to the number of seasons;
 (12 points) The following equation summarizes the trend projection of quarterly

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