please answer the questions...

4. Revenue Forecasting Assignment PDF Revenue Forecasting Below are the revenues for Sales, Use and Excise Taxes in a small Midwestern (or Great Plains) state. Fiscal Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 Sales, Use and Excise Taxes 699,371,497 708,975,445 739,624,152 795,115,672 849,480,194 925,862,370 981,337,354 1,055,611,168 1,066,082,423 1,061,063,870 1,137,637,580 1,180,159,027 1,199,905,288 1,263,804,163 1,303,995,340 1,344,420,908 1,440,565,779 1,493,286,450 2010 2011 2012 2013 2014 2015 2016 2017 2018 Your task is to: 1. Pick two methods and estimate the sales tax revenue in 2019. You are not limited strictly to the methods we used in lecture: you could use the log of 5-year moving averages, for example. You may also add additional data if you choose. Some candidates might be population (from census) or gross state product (BEA). This question will be assessed both for difficulty and execution - like Diving or Gymnastics - but not on the accuracy of the forecast. 2. Why did you pick these two methods? 3. How many years of data did you use and why? 4. The Great Recession (2008-2009 and slow growth in 2010) may have impacted sales tax revenue in those years. Does your method account for this recession? Without further calculations, how might a revenue foercaster adapt your forecast to take into account the Great Recession? 5. Graph the revenues, above, in Excel and paste the graph, below (only graph the raw data presented here-do not include your estimates or transformations). Use the graph to make an educated guess of 2019 revenues