Question: The data in Target are quarterly revenues (in $millions) for Target from 2000-QI through 2019-QI. a. Do you think that the revenues for Target are

The data in Target are quarterly revenues (in $millions) for Target from 2000-QI through 2019-QI.

a. Do you think that the revenues for Target are subject to seasonal variation? Explain.

b. Plot the data. Does this chart sup port your answer in (a)?

c. Develop an exponential trend forecasting equation with quarterly components.

d. Interpret the quarterly compound growth rate.

e. Interpret the quarterly multipliers.

f. What are the forecasts for 2019-Q2, 2019-Q3, 2019-Q4, and all four quarters of 2020?

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