Please answer the equation appropriately summarizing the trend portion of the quarterly sales of condominiums over a long cycle. The sales will also exhibit seasonal variations

Ft = 62 - 5.2t + 4.2t2

This where

Ft = Units sales

t= 0 at the first quarter of last year

Quarter

Relative

1

1.15

2

1.00

3

.65

4

1.20

Try and use the information given, to prepare the forecast of the sales for each quarter of the next year (please not this year), and with the first quarter of the year following that and then round your answer 2 decimal places.

Quater

Forecast

1

2

3

4

1