Essay
Consider the quarterly production data (in thousands of units)for the XYZ manufacturing company below.The normalized (adjusted)seasonal factors are .9982,.9263,1.139,.9365 for winter,spring,summer and fall respectively. Based on the following deseasonalized observations (dt)given below,a trend line was estimated.
The following MINITAB output gives the straight-line trend equation fitted to the deseasonalized observations.Based on the trend equation given below,calculate the trend value for each period in the time series.
The regression equation is
Deseasonalized = 10.1 + 1.91 Time
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12.01,13.91,15.82,17.72,19.63,...View Answer
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