Statement of a problem № m1129


The planning department of Padget and Kure Shoes, the manufacturer of an exclusive brand of women’s shoes, developed the following trend equation, in millions of pairs, based on 5 years of quarterly data. yˆ = 3.30 + 1.75t The following table gives the seasonal factors for each quarter.  Determine the seasonally adjusted forecast for each of the four quarters of the sixthyear.

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