The Trend Equation for Quarter Sales Data (In Millions of Dollars)for

question 74

Multiple Choice

The trend equation for quarter sales data (in millions of dollars) for 1996-2000 is $\hat { \mathrm { y } } _ { t }$ = 6.8 + 1.2t,where t = 1 for the first quarter of 1996.If the seasonal index for the third quarter of 2001 is 1.25,then the forecasted sales for the third quarter of 2001 is:

• A) 34.4.
• B) 27.52.
• C) 43.00.
• D) 35.65.

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