Question
Question 5 (5 points) ListenReadSpeaker webReader: Listen The following data exhibits a LINEAR TREND pattern. Use an appropriate forecasting method to answer the questions below:
Question 5 (5 points)
ListenReadSpeaker webReader: Listen
The following data exhibits a LINEAR TREND pattern. Use an appropriate forecasting method to answer the questions below:
Year | Quarter | Sales |
1 | 1 | 150 |
2 | 113 | |
3 | 173 | |
4 | 224 | |
2 | 1 | 142 |
2 | 198 | |
3 | 166 | |
4 | 223 | |
3 | 1 | 221 |
2 | 236 | |
3 | 294 | |
4 | 225 | |
4 | 1 | 241 |
2 | 264 | |
3 | 245 | |
4 | 299 | |
5 | 1 | 328 |
2 | 327 | |
3 | 329 | |
4 | 326 |
1)State the estimated regression equation.(ANSWER ONLY THE VALUE AFTER THE EQUAL SIGN WITH VARIABLES TO 2 DECIMAL PLACES. FOR EXAMPLE IF THE EQUATION IS: y = 123.4567x + 987.6543...YOUR ANSWER IS: 123.46x + 987.65)
2) Predict the the number of sales for the first quarter of year 6. ANSWER TO 0 DECIMAL PLACES
3) Predict the the number of sales for the second quarter of year 6. ANSWER TO 0 DECIMAL PLACES
4) Predict the the number of sales for the third quarter of year 6. ANSWER TO 0 DECIMAL PLACES
5) Predict the the number of sales for the fourth quarter of year 6. ANSWER TO 0 DECIMAL PLACES
Question 5 options:
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