Picasso Stores in Palatine, IL sells various art supplies. Their sales of aluminum panels, which are used for mounting fine art and photographs, for $2021$ are shown below. A linear trend time series model Y $=299\mathrm{.}50+3\mathrm{.}182$t was developed from the $12-$month data. What is the forecast for the demand of aluminum panels for Dec $2022$ using the linear trend model?

Question $7$Answer

a$.$

$375\mathrm{.}85$

b$.$

$295$

c$.$

$316\mathrm{.}25$

d$.$

$344\mathrm{.}03$

e$.$

$374\mathrm{.}5$