Question: For the demand data below, use time series decomposition to make a forecast for the four quarters of 2 0 2 3 . Use the

For the demand data below, use time series decomposition to make a forecast for the four quarters of 2023. Use the multiplicative model. You should use the Least Squares Regression discussed in class.
Year Season t Demand
(in 1000)
2021 Spring 1205
Summer 2145
Fall 3375
Winter 4575
2022 Spring 5475
Summer 6255
Fall 7635
Winter 8965
2023 Spring 9300
Summer 10150
Fall 11435
Winter 12780
Answer the following three questions.
What are the seasonal factors for Summer and Winter?
Group of answer choices
0.74 and 1.09
0.42 and 1.75
0.74 and 1.75
0.42 and 1.09For the demand data below, use time series decomposition to make a forecast for the four quarters of 2023. Use the multiplicative model. You should use the Least Squares Regression discussed in class.
Year Season t Demand
(in 1000)
2021 Spring 1205
Summer 2145
Fall 3375
Winter 4575
2022 Spring 5475
Summer 6255
Fall 7635
Winter 8965
2023 Spring 9300
Summer 10150
Fall 11435
Winter 12780
Answer the following three questions.
What are the seasonal factors for Summer and Winter?
Group of answer choices
0.74 and 1.09
0.42 and 1.75
0.74 and 1.75
0.42 and 1.09

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