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    Forecasting with seasonal component

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    Quarterly billing for water usage is shown below.

    Yr. 1 Yr. 2 Yr. 3 Yr.4
    Winter 64 66 68 73
    Spring 103 103 104 120
    Summer 152 160 162 176
    Fall 73 72 78 88

    Use the information above to forecast the summer billing for year 5. Assume that there is no cyclical component.

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    https://brainmass.com/math/optimization/forecasting-seasonal-component-80433

    Solution Summary

    Contains step by step approach to create forecasting model with seasonality exists.

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