The time-series model yt = Tt×Ct×St×Rt is used for forecasting,where Tt,Ct,St,and Rt are respectively the trend,cyclical,seasonal,and random variation components of the time series,and yt is the value of the time series at time t.The following estimates are obtained: = 120,
= 1.02,
= 0.95,and
= 0.90.The model will produce a forecast of:
A) 122.870
B) 104.652
C) 116.280
D) 102.600
Correct Answer:
Verified
Q48: The way a seasonal index is computed
Q49: Which of the following statements is false?
A)A
Q50: The trend line Q51: Which of the following methods is appropriate Q52: If we want to measure the seasonal Q54: Which of the following is not true
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents