The Linear Trend, = 660 + 2t,for Seasonally Adjusted

question 115

Multiple Choice

The linear trend, = 660 + 2t,for seasonally adjusted monthly sales was estimated using a time series with monthly data from the last five years.Furthermore,the seasonal index for October was found to be 0.92.Which of the following is the forecast for the month of October of this year?

• A) 1,639.44
• B) 1,545.60
• C) 1,656.00
• D) 1,800.00

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Definitions:

Tentative Explanations

Preliminary hypotheses or guesses made to explain a phenomenon, subject to further confirmation or refutation.

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The evaluation or investigation of a hypothesis, theory, or product through rigorous and controlled experiments to establish its validity or efficacy.

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Systematically organized knowledge applicable in a relatively wide variety of circumstances, especially a system of assumptions, accepted principles, and rules of procedure to analyze, predict, or otherwise explain the nature or behavior of a specified set of phenomena.

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