The table shows quarterly grain shipment for a farming cooperative. The regressi

Question

The table shows quarterly grain shipment for a farming cooperative. The regression line (liner equation) for the deseasonalized values is Y = 2.12x + 244. Rounded to two decimal places, what is the forecast for Quarter II, Year 6?

Select one:

A. 303.55

B. 304.03

C. 307.10

D. 287.73

Period Quarter Demand Seasonal Factor (Index) 200 250 210 340 1.36 210 252 212 360 1.36 215 10 260 220 12 358 1.36 13 225 14 272 233 372 1.36 232 284 240 20 381 1.36 22 23 24 1.36 1946-9461946194619461946 898389838983898389838983 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 a00000220 23 2 01 05141516 37 22232223222322232223 => I-V 012345678901234 ri 1 2 3 4 5 6 7 8 9 111111111122222

Explanation / Answer

For Quarter 2, year 6 the period is 22.
Y = 2.12*22 + 244 = 290.64
Considering Seasonal factor, For period 22, Demand = 0.99*290.64 = 287.73

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