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    Exam 18: Time Series and Forecasting
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    The Trend Forecast Equation Is Ŷ = 100 + 120t
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The Trend Forecast Equation Is Ŷ = 100 + 120t

Question 137

Question 137

Multiple Choice

The trend forecast equation is Ŷ = 100 + 120t. The next forecast is for period 11. The typical seasonal index for period 11 is 1.25. What are the forecast sales for period 11?


A) 1,420
B) 1,775
C) 1,320
D) 1,075

Correct Answer:

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