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
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry
Question Posted: