The linear trend, = 660 + 2t,for seasonally adjusted monthly sales was estimated using a time series with monthly data from the last five years.Furthermore,the seasonal index for October was found to be 0.92.Which of the following is the forecast for the month of October of this year?
A) 1,639.44
B) 1,545.60
C) 1,656.00
D) 1,800.00
Correct Answer:
Verified
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