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The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the
The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. QUARTER SALES 1 218 2345698 234 209 186 160 190 7 150 135 Use regression and seasonal indexes to forecast quarterly sales for the next year. Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Quarter 10 11 12 Forecast
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