Question: A textbook publishing company has compiled data on total annual sales of its business textbooks for the preceding eight years: Year: 1 2 3 4

A textbook publishing company has compiled data on total annual sales of its business textbooks for the preceding eight years:
Year: 12345678
Sales(000): 37.0044.0049.7052.6056.1057.2062.3069.70
a-1. Select the correct data chart and fit an appropriate model to it.
Chart A Chart B Chart C
picture
picture
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a-2. Forecast the preceding eight years, and determine the forecast errors. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)
Year Sales(000) Forecast Error Error\Lambda 2
137.00
244.00
349.70
452.60
556.10
657.20
762.30
869.70
a-3. Construct 2s control limits.(Round the final answer to 2 decimal places.)
2s control limits are \pm
b. Using the model, forecast textbook sales for each of the next five years. (Round the final answers to 1 decimal place.)
Year Sales(000) Forecast Error
971.90
1079.50
1181.90
1287.40
1391.00
c. Suppose actual sales for the next five years turn out as follows:
Year: 910111213
Sales(000): 71.9079.5081.9087.4091.00
Calculate the forecast errors for years 9 to 13. Is the forecasting process in control?
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