The following ratio-to-moving averages for the seasonally adjusted series were found by the decomposition method applied on a time series representing quarterly sales for the last three years:
If the trend is described by the trend line
= 1,000 + 30t,what is the forecast for the fourth quarter of this year?
A) 2,049.22
B) 1,519.95
C) 1,600.00
D) 2,171.36
Correct Answer:
Verified
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