Question: Sam Jones has two years of historical sales data for his company. He is applying for a business loan and must supply his projections of

Sam Jones has two years of historical sales data for his company. He is applying for a business loan and must supply his projections of sales by month for the next two years to the bank.
a. Using the data from Table 6-12, provide a regression forecast for time periods 25 through 48.
b. Do Sam's sales data show a seasonal pattern? Yes as the chart below depicts a seasonal sales pattern.

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