Question: Consider the data in the table below: Period January June July December January June July December January June July December January June July December January

Consider the data in the table below:
Period
January June July December January June July December January June July December January June July December January June July December
a. Fit a simple linear regression to this period?
Sales (units)
20104,07520108,23920113,28420116,19420122,58220125,18320131,96820134,02320141,79820143,522
data. What is your forecast for the January-June 2015 b. Now divide the data into two sets: the first half of the year, and the second half of the year. Perform a simple regression on the data for sales in the first half-year. What is your forecast for the January-June 2015 period? Do you think this answer is more likely to be accurate than the answer to part (a)? Why?

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