Q.6.3 The table given below indicates Nouveau Riche Pty's quarterly profits in 2019 and 2020. Time Period Profit (Thousa

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Q.6.3 The table given below indicates Nouveau Riche Pty's quarterly profits in 2019 and 2020. Time Period Profit (Thousa

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Q 6 3 The Table Given Below Indicates Nouveau Riche Pty S Quarterly Profits In 2019 And 2020 Time Period Profit Thousa 1
Q 6 3 The Table Given Below Indicates Nouveau Riche Pty S Quarterly Profits In 2019 And 2020 Time Period Profit Thousa 1 (64.21 KiB) Viewed 46 times
Q.6.3 The table given below indicates Nouveau Riche Pty's quarterly profits in 2019 and 2020. Time Period Profit (Thousands of Rands) 2019 Q1 200 2019 Q2 160 2019 Q3 115 2019 Q4 145 215 2020 Q1 2020 Q2 2020 Q3 168 128 2020 Q4 154 Q.6.3.1 Determine the trend regression function for this data set. In order to obtain full marks for this question, you must complete the relevant table (template provided below) and then apply the appropriate time series formulae in the formulae sheet. Period Profits (y) Time (x) x2 ху Q.6.3.2 Given that the typical seasonal index for Q3 is 89.7, use this information and the trend regression function obtained in Q.6.3.1 to determine the seasonally adjusted trend estimate for profits in Q3 of 2022.
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