21 The estimated trend value of community water consumption

21.          The estimated trend value of community water consumption is 400,000 gallons for a given month. Assuming that the cyclical component is 120% of normal, with the seasonal and irregular components 70% and 110% of normal, respectively, use the multiplicative time series model in determining the quantity of water consumed during the month.

Solution

21. The estimated trend value of community water consumption is 400,000 gallons for a given month. Assuming that the cyclical component is 120% of normal, with

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