Quarterly revenues (in $1,000,000's)for a national restaurant chain for a five-year period were as follows:

a.Determine the appropriate seasonal index values for this time series.
b.Determine the appropriate trend value for this time series.
c.Forecast the revenues for the next four quarters.

Question

Quarterly revenues (in $1,000,000's)for a national restaurant chain for a five-year period were as follows:
  
a.Determine the appropriate seasonal index values for this time series.
b.Determine the appropriate trend value for this time series.
c.Forecast the revenues for the next four quarters.

Quizplus · Accepted Answer

The Answer of Quarterly revenues (in $1,000,000's)for a national restaurant chain for a five-year period were as follows:
  
a.Determine the appropriate seasonal index values for this time series.
b.Determine the appropriate trend value for this time series.
c.Forecast the revenues for the next four quarters.

Quarterly Revenues (In $1,000,000's)for a National Restaurant Chain for a Five-Year