Multiple Choice
The trend equation for quarter sales data (in millions of dollars) for 1996-2000 is = 6.8 + 1.2t,where t = 1 for the first quarter of 1996.If the seasonal index for the third quarter of 2001 is 1.25,then the forecasted sales for the third quarter of 2001 is:
A) 34.4.
B) 27.52.
C) 43.00.
D) 35.65.
Correct Answer:

Verified
Correct Answer:
Verified
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