Question: Use the information below to answer questions 9-10 Quarterly demand for the past 2 years is given in the following tables: Quarter Amount 1 227
Use the information below to answer questions 9-10 Quarterly demand for the past 2 years is given in the following tables: Quarter Amount 1 227 2 329 3 265 4 348 Quarter Amount 5 245 6 360 7 272 8 383 Using a regression model, assume we fit the following Forecast Including Trend (FIT): FIT = 250.64 + 11.777 Using decomposition, determine the seasonal factor for Quarter 2 0.87 O 1.02 O 1.16 O 7.21 0.93
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