Question: answer the following questions: Is there a significant trend? Explain. If there is a significant trend, forecast for the next three months. If you think

answer the following questions:
Is there a significant trend? Explain. If there is a significant trend, forecast for the next three months. If you think there is no significant trend, explain why.
Please show work (formulas) with answers and each step. thank you
12-10. Globetron manufactures components for use in small electronic products such as computers, CD players, and radios at plants in Belgium, Germany, and France. The parts are transported by truck to Hamburg, where they are shipped overseas to customers in Mexico, South America, the United States, and the Pacific Rim. The company has to reserve space on ships, months and sometimes years in advance, and as such needs an accu- rate forecasting model. Following are the number of cubic feet of container space the company has used in each of the past 18 months. Month 1 2 3 4 5 6 7 8 9 Space (1000s ft) 10.6 12.7 9.8 11.3 13.6 14.4 Month 10 11 12 13 14 15 16 17 18 Space (1000s ft) 19.2 16.3 14.7 18.2 19.6 21.4 22.8 20.6 18.7 12.2 16.7 18.1Step by Step Solution
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