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Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Theotis? Month 1st

Using the dummy variable approach, forecast sales for January through December of

the fourth year. How would you explain this model to Theotis?

Month 1st Year 2nd Year 3rd Year
January 242 263 282
February 235 238 255
March 232 247 265
April 178 193 205
May 184 193 210
June 140 149 160
July 145 157 166
August 152 161 174
September 110 122 126
October 130 130 148
November 152 167 173
December 206 230

235

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