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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 seasonal
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.
tableQUARTERSALES
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.
tableQuarterForecast
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