WILL DEFINITELY UPVOTE

40

All the time series forecasting questions that deal with a hot dog stand are based on the same narration and data.

A hot dog stand owner has collected the following time series data on the number of hot dogs sold over the last 12 quarters.

Year	Quarter	Demand
1	Winter	29
1	Spring	65
1	Summer	56
1	Fall	45
2	Winter	23
2	Spring	57
2	Summer	48
2	Fall	32
3	Winter	14
3	Spring	55
3	Summer	52
3	Fall	25

What would be demand in Winter Year 3 if the seasonality index for Winter was 0.45 and the forecasting model based on the deseasonalized sales data is given by Y =56.94-2.20 X?

• A.

  16.62

• B.

  34.35

• C.

  37.14

• D.

  82.98