Mathematics · Time Series Forecasting
A company uses the additive time series model Y = 5,000 + 4,000X, where X represents the quarter number (with Q1 of Year 1 being X = 1). The seasonal variation component for Q1 is +3,000 units. What is the forecast sales volume for Q1 of Year 4?
- 157,000 units
- 268,000 units
- 360,000 units✓
- 479,500 units
Correct answer
60,000 units
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