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Joe's Sporting Goods wants to forecast quarterly sales figures using a quadratic trend model. The store has collected 12 quarters of data and needs your

Joe's Sporting Goods wants to forecast quarterly sales figures using a quadratic trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.

Regression Statistics

Coefficients
Intercept263.4545
X Variable 15.985514
X Variable 24.922577



ABCDEF
1

Time
ActualQuadratic
2YearQtrPeriodTime^2SalesTrend
31111284
4
224184295.1
5
339365325.7
6
4416492366.2
721525485416.4
8
2636277476.6
9
3749606546.6
10
4864722626.4
1131981763716.1
12
210100593815.6
13
311121912924.9
14
41214411451044.1


How is a quadratic term added to the problem if we want to develop a quadratic trend model?

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