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The Trend Equation for Quarter Sales Data (In Millions of Dollars)for

Question 104

Multiple Choice

The trend equation for quarter sales data (in millions of dollars) for 2011-2015 is given by The trend equation for quarter sales data (in millions of dollars) for 2011-2015 is given by = 6.8 + 1.2t,where t = 1 for the first quarter of 2011.The seasonal index for the third quarter of 2008 is 1.25.The forecasted sales' value for the third quarter of 2016 is: A) 34.40 B) 27.52 C) 43.00 D) 35.65 = 6.8 + 1.2t,where t = 1 for the first quarter of 2011.The seasonal index for the third quarter of 2008 is 1.25.The forecasted sales' value for the third quarter of 2016 is:


A) 34.40
B) 27.52
C) 43.00
D) 35.65

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