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he following specific seasonal factors were estimated for the month of October:   65.4 76.8 66.9 72.6 70.0   If the adjustment is 0.98 and the modified mean is used, and if the expected trend for October is $800, what is the seasonally adjusted forecast? a. $561.00 b. $551.47 c. $570.00 d. $1,168.8 e. None of the options are correct.

he following specific seasonal factors were estimated for the month of October:   65.4 76.8 66.9 72.6 70.0   If the adjustment is 0.98 and the modified mean is used, and if the expected trend for October is $800, what is the seasonally adjusted forecast? a. $561.00 b. $551.47 c. $570.00 d. $1,168.8 e. None of the options are correct.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The following specific seasonal factors were estimated for the month of October:

 

65.4 76.8 66.9 72.6 70.0

 

If the adjustment is 0.98 and the modified mean is used, and if the expected trend for October is $800, what is the seasonally adjusted forecast?

a. $561.00

b. $551.47

c. $570.00

d. $1,168.8

e. None of the options are correct.

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