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To answer the following question, use the Sparkling Wine file from the Quiz dataset folder. This is a dataset of monthly Sparkling Wine sales from
To answer the following question, use the "Sparkling Wine" file from the Quiz dataset folder. This is a dataset of monthly Sparkling Wine sales from January 1980 to December 1994. The numbers are in thousands of units sold. Assume a seasonality of 12. For this dataset, please do the following: 1. Create time index t, t-sq, and 12 dummies (one for each month). 2. Run a linear trend model + Seasonality (drop April dummy) on the full dataset and forecast 12 new values. Question: Which of the following numbers represents the forecasted value for August 1995? O 1659 1814.06 O 2162.93 O 2411.86
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