Question: please solve using linear regression. show your work and steps so I can follow along and double check my own work. thank you! FORECASTING WITH

please solve using linear regression. show your work and steps so I can follow along and double check my own work. thank you!

FORECASTING WITH LINEAR REGRESSION EXERCISE "Pinguino" is a company that has gained a good reputation for the ice-creams that they sell. The company was founded in New York City by Vito De Leone. Given the great success of Pinguino ice-creams in New York City, now Mr. De Leone is considering expansion. There is an opportunity to open a new branch in Santa Monica, California Mr. De Leone has hired you as an expert consultant to prepare a descasonalized demand forecast for year 2020 based on the following data: FORECAST FOR YEAR 2021 YEAR 2020 Period (X) BIMESTER DEMAND (Y) SEASON AVERAGE SEASONAL FACTOR 1 400 2 1,800 3 2,000 January& February 300 March & April 1,900 May & June 2,100 July & August 8,000 September & October 2,000 November & December 200 4 7.900 5 2.200 6 180 YEAR 2021 Period (x) TREND FORECAST SEASONAL FACTOR FINAL FORECAST 7 8 9 10 11 12 TOTAL DEMAND FOR YEAR 2021

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