A company has developed a linear trend regression model based on 16 quarters of data.The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter,2 is spring,etc. ).The company has also developed seasonal indexes for each quarter as follows: The linear trend forecast equation is: = 120 + 56t.
Given this information,which of the four quarters beginning next winter (period t = 17)will have the highest seasonally adjusted forecast?
A)Winter
B)Spring
C)Summer
D)Fall

Question

A company has developed a linear trend regression model based on 16 quarters of data.The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter,2 is spring,etc. ).The company has also developed seasonal indexes for each quarter as follows:  The linear trend forecast equation is:  = 120 + 56t.
Given this information,which of the four quarters beginning next winter (period t = 17)will have the highest seasonally adjusted forecast?
A)Winter 
B)Spring 
C)Summer 
D)Fall

Quizplus · Accepted Answer

The Answer of A company has developed a linear trend regression model based on 16 quarters of data.The independent variable is the measure of time (t = 1 thru 16 where quarter 1 is winter quarter,2 is spring,etc. ).The company has also developed seasonal indexes for each quarter as follows:  The linear trend forecast equation is:  = 120 + 56t.
Given this information,which of the four quarters beginning next winter (period t = 17)will have the highest seasonally adjusted forecast?
A)Winter 
B)Spring 
C)Summer 
D)Fall

A Company Has Developed a Linear Trend Regression Model Based