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    Exam 18: Time Series and Forecasting
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    The Trend Forecast Equation Is Ŷ = 50 + 420t
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The Trend Forecast Equation Is Ŷ = 50 + 420t

Question 56

Question 56

Multiple Choice

The trend forecast equation is Ŷ = 50 + 420t. The next forecast is for period 10. The typical seasonal index for period 10 is 0.82. What are the forecast sales for period 10?


A) 4,200
B) 4,250
C) 4,000
D) 3,485

Correct Answer:

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