Lexon Inc is a large manufacurer of affordable DVD players. Management recently...

Required information [ The following information applies to the questions displayed below.] Lexon Inc. is a large manufacturer of affordable DVD players. Management recently became aware of rising expenses resulting from returns of malfunctioning products. As a starting point for further analysis, Paige Jennings, the controller, wants to test different forecasting methods and then use the best one to forecast quarterly expenses for 2019. The relevant quarterly data for the previous three years follow: 2016 Return 2017 Return 2018 Return Quart Expenses Quarter Expenses Quarter Expenses $ 12, 256 $ 12,700 $ 13, 100 11, 109 11,900 12, 100 PWNE PWNH 11,409 WN 11, 500 11,900 13 ,500 13 , 800 14,400 The result of a simple regression analysis using all 12 data points yielded an intercept of $11,637.88 and a coefficient for the independent variable of $128.15. (R-squared = 0.45, SE = $972.32.) Required: 1. Plot the data in the order of the dates. (To earn full credit for this graph you must plot all required points for each curve. While plotting the points a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.) Return Expense 17,000 16,000 curve 1 X 15,000 coordinates: X A 14,000 Dt 13,000 1 9 7907 12,000 9 8383 11,000 8 10583 10,000 9,000 4 9 8237 8,000 C 7,000