Question: please show work 9. Using the linear trend forecast technique, complete a forecast schedule for March through August. Two digits after the decimal is sufficient.

please show work please show work 9. Using the linear trend
please show work 9. Using the linear trend
please show work 9. Using the linear trend
9. Using the linear trend forecast technique, complete a forecast schedule for March through August. Two digits after the decimal is sufficient. Demand (A) Forecast (F) 43 Month (t) February March April May 51 51 52 53 June July August 56 10. The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the $/LB to predict the lobster sales on each day. The historical data is as shown below. a. Predict the expected lobster sale #for the next period, knowing that the price is $8.58 (hint: this is an associative problem) b. Using ther statistic, describe the correlation strength and direction Day 1 1 Lobster #sold/day 190 195 192 185 Price / LB 6.0 6.5 2 3 6.8 4 7,0 5 170 7.3 6 162 7.5 7 160 8.0 10. The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the $/LB to predict the lobster sales on each day. The historical data is as shown below. a. Predict the expected lobster sale #for the next period, knowing that the price is $8.58 (hint: this is an associative problem) b. Using ther statistic, describe the correlation strength and direction Day 1 2 3 Lobster #sold/day 190 195 192 185 170 162 160 Price / LB 6.0 6.5 6.8 7.0 7.3 7.5 8.0 4 5 7

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