Question: A company records reported below indicate monthly sales data for Kadriye aba company: Month Sales (units) May 5 June 7 July 8 August 9 September

  1. A company records reported below indicate monthly sales data for Kadriye aba company:

Month

Sales

(units)

May

5

June

7

July

8

August

9

September

8

October

10

November

11

December

12

January

13

February

13

  1. Use linear trend model to forecast next 5 months. Briefly explain. (Points 15)

  1. Determine the correlation coefficient, coefficient determination and standard deviation. Briefly explain. (Points 20)

  1. Plot the actual and forecasted values on a line graph. Briefly explain. (Points 15)

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