Module 8 : Time Series Analysis Using Decomposition
EXAMPLE 2 Contd..
Forecast for 2002 using Trend and Seasonal factors
Trend
Seasonal Factor
Forecast
I - 2002
[ 170+ 55*09 ]
1.25
831
II - 2002
[ 170+ 55*09 ]
0.78
562
III - 2002
[ 170+ 55*09 ]
0.69
535
IV - 2002
[ 170+ 55*09 ]
1.25
1,038
Trend * Seasonal factor = Forecast
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Prof.S.G.Deshmukh & Prof.Arun Kanda
