The Demand for Krispee$$ Crunchies, a favorite breakfast cereal of people born in the$1940$s$,$ is experiencing a decline. The company wants to monitor demand for this product closely as it nears the end of its life cycle. The following table shows the actual sales history for January$$October$.$ Generate forecasts for November$$December$,$ using the trend projection by regression method.

Observation Month Sales Observation Month Sales

January $1910,000$ June $6745,000$

February $2800,000$ July $7720,000$

March $3795,000$ August $8720,000$

April $4815,000$ September $9680,000$

May $5790,000$ October $10675,000$

Obtain the forecasts for November and December. $($Enter your responses rounded to the nearest whole$$ number.$)$

Period

$$Forecast$,$ Ft

November

$$enter your response here

December

$$enter your response here

Part $3$

Looking at the accuracy of its forecasts since$$ September, as well as the other statistics$$ provided, how confident are you in these forecasts for November$$December$?$

If current conditions remain in$$ place, r$2=$enter your response here $$and$,$ thus,

$$

provides some measure of confidence

does not provide any measure of confidence

that the

$$

upward

downward

trend will continue. $($Enter your response rounded to two decimal$$ places.$)$