A pizza outlet has tracked the total number of super deluxe pizzas sold in each of the

Question:

A pizza outlet has tracked the total number of super deluxe pizzas sold in each of the past six years. The data are as follows:

Year 2011 2012 2013 2014 2015 2016 Sales 2,074 2,395 3,138 3,632 4,694 5,652

a. Produce a time-series plot of these data. Indicate the time-series components in the data.

b. Provide a forecast for the number of super deluxe pizzas that this outlet will sell in 2017.

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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