Managerial Report is due Prepare a report for the management of the Carlson department store that summarizes your ndings, forecasts and recommendations. Include the following: 1. An estimate of the sales had there been no hurricane. Hi_nt Rememberto graph this time series data over the 48month period to help you determine the type of approach to use to determine the forecast sales for the nal 4 months of 2003 for Carlson department store. Is there a trend in the data (growth or decline)? Is there seasonality in the data (this is a department store Christmastime and beginning of school are normally big sales periods)? Is there both trend and seasonality? 2. An estimate of the countywide department store sales had there been no hurricane. Hint: By comparing the forecast of cou ntywide department store sales with actual sales, one can determine whether or not there are excess stormrelated sales. By computing what is known as a "lift factor" the ratio of actual sales to forecast sales you have a measure of the magnitude of excess sales, if these do indeed exist 3. An estimate of lost sales for the Carlson Department store for Sept Dec 2003