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Consider the quarterly revenue data from 2001-2015 for Fresh, an independent grocery store located in Round Rock, TX, provided in Table. It is clear that

Consider the quarterly revenue data from 2001-2015 for Fresh, an independent grocery store located in Round Rock, TX, provided in Table. It is clear that this revenue data exhibits increasing linear trend and quarterly seasonality. Which of the following models would likely provide a better prediction of future quarterly revenue: (1) a Winters model or (2) a linear regression model with trend and quarterly seasonal indicator variables? Justify your recommendation.

Note that you do not need to fit any models here. You should be able to answer this question by interpreting the dynamics that are visible the historical data.

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