The Following Trend Line Was Calculated from Quarterly Data for 2006-2010

question 73

Multiple Choice

The following trend line was calculated from quarterly data for 2006-2010: ŷ = 2.35 + 0.12t, where t = 1 for the first quarter of 2006. The seasonal indexes computed from the trend line for the four quarters of the year 2011 are 0.88, 0.93, 1.04, and 1.17, respectively. The seasonalised forecast for the third quarter of the year 2011 is:

• A)5.314.
• B)6.119.
• C)4.286.
• D)4.641.

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Definitions:

19th Century

the period from January 1, 1801, to December 31, 1900, marked by significant industrial, social, and political changes worldwide.

GNI Per Capita

Gross National Income per capita is a measure dividing the country's GNI by its population, providing an average economic income per person.

Purchasing Power

The quantity and quality of goods and services that can be bought with a unit of currency.

Birth Rates

The number of live births per thousand of the population per year, a key demographic indicator.