North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:
D = 80.0 + 0.45Q,
where Q refers to the sequential quarter number and Q = 1 for winter of Year 1. In addition, the multiplicative seasonal factors are as follows:
Quarter Factor (Index)
Winter 0.72
Spring 1.25
Summer 1.40
Fall 0.63
In year 26 (quarters 101-104), the energy use for each of the quarters beginning with winter is (round your response to one decimal place):
Answers: 2
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North Dakota Electric Company estimates its demand trend line (in millions of kilowatt hours) to be:...
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