To forecast sales for the segment, the marketing manager conducted a simple regression analysis. He used sales data (in units) from the previous 14 years. The results are presented below.

Root MSE 9.28 R-Square .961

Dependent Mean 162.79 Adj R-Sq .957

Coeff Var 5.70

PARAMETER ESTIMATES

Variable DF Parameter Standard t value Pr > t

Estimate Error

Intercept 1 83.38 5.24 15.91 <.0001

Time 1 10.59 0.62 17.20 <.0001

Based on the results, what is the forecast for year 17?

a.

242 units

b.

263 units

c.

6,951 units

d.

15,968 units

e.

We should not use this regression model to forecast sales because it is not a good model.

An organization's main purpose is to

a.

promote their products.

b.

create a customer.

c.

sell their products at a high price.

d.

be the most efficient manufacturer of goods.

I just need the final answer no need for explaining the answer