Answer the following questions using the data from the Excel file Toys Unlimited. xlsx from Problem 16.49.
Question:
a. Forecast Toys Unlimited sales for each quarter next year using a multiple regression with seasonal dummy variables.
b. Interpret the meaning of the coefficients for the seasonal dummy variables.
c. Calculate the MAD for this forecast.
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a F t 51775 00425 t 11825 SD 1 08150 SD 2 37725 SD 3 F 6Q1 51775 00425 21 11825 0 08150 0 37725 0 60...View the full answer
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