Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 72.9 Q2 84.3 Q3 108.6 Remember that the seasonal indices...


Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series:




























Quarter


Seasonal Index


Q1


72.9


Q2


84.3


Q3


108.6








Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4.



Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below:






















Coefficients


Intercept


2,796


Time


77.4




What is the forecast for period 51, if period 51 is a Q1? (please round your answer to 1 decimal place)


Jun 07, 2022
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