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Consider the following time series data for Sales. Period Sales 1 1360 2 1310 3 1290 4 1350 5 1290 6 1120 7 1190 8

Consider the following time series data for Sales.

Period Sales
1 1360
2 1310
3 1290
4 1350
5 1290
6 1120
7 1190
8 1230
9 1080
10 1120
11 1060
12 940
13 920
14 768
15 670
16 650
17 679
18 678
19 450
20 200

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Step 1 of 3:

What is the R2for a Linear forecasting model? Use four decimal places.

Step 2 of 3:

What is the R2for a Polynomial (Order 2) forecasting model? Use four decimal places.

Step 3 of 3:

Which is the best model based on the R2 value?

a. Polynomial order 2

b. Linear

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