Question: Thomas Furniture Company concludes that production scheduling can be improved by developing an accurate method of predicting quarterly sales. The company ana- lyst, Mr. Estes,

Thomas Furniture Company concludes that production scheduling can be improved by developing an accurate method of predicting quarterly sales. The company ana- lyst, Mr. Estes, decides to investigate the relationship between housing construction permits and furniture sales in the Springfield area. Estes feels that permits will lead sales by one or two quarters. In addition, he wonders if seasons affect furniture. sales. Estes decides to consider another independent variable:

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