Homework Help is Here – Start Your Trial Now!
Math
Trigonometry
The forecast with out seasonality is modeled as: Sales = 6*t+ 236.00, where t= time in months, beginning in January 2015. Seasonality for the first three months are given in the table below. Determine a seasonalized forecast for Feb of 2016.

The forecast with out seasonality is modeled as: Sales = 6*t+ 236.00, where t= time in months, beginning in January 2015. Seasonality for the first three months are given in the table below. Determine a seasonalized forecast for Feb of 2016.

Elementary Algebra
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter1: Foundations
Section1.3: Add And Subtract Integers
Problem 260E: Stock Market During the week of June 22, 2009, the closing numbers of the Dow Jones Industrial...
See similar textbooks
icon
Related questions
Question
The forecast with out seasonality is modeled as: Sales = 6 * t + 236.00, where t= time in months, beginning in January 2015. Seasonality for the first three months are given in the table below. Determine a seasonalized forecast for Feb of 2016. Month Seasonal Factor January 1.9000 February 0.6262 March 0.1000 Submit Answer format: Number: Round to: 1 decimal places. What value with the season index that is created for the 12 months of the year add up to? Submit Answer format: Number: Round to: 0 decimal places.
Transcribed Image Text:The forecast with out seasonality is modeled as: Sales = 6 * t + 236.00, where t= time in months, beginning in January 2015. Seasonality for the first three months are given in the table below. Determine a seasonalized forecast for Feb of 2016. Month Seasonal Factor January 1.9000 February 0.6262 March 0.1000 Submit Answer format: Number: Round to: 1 decimal places. What value with the season index that is created for the 12 months of the year add up to? Submit Answer format: Number: Round to: 0 decimal places.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Time Series Analyses, Forecasting Methods, and Indices
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, trigonometry and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
SEE MORE TEXTBOOKS