Question: Problem 4 (30 points) For the below sales: 4 6 7 8 9 2 Feb 55 3 Mar 54 5 May Month Jan Sales 51

Problem 4 (30 points) For the below sales: 4 6 7
Problem 4 (30 points) For the below sales: 4 6 7 8 9 2 Feb 55 3 Mar 54 5 May Month Jan Sales 51 Jun Jul Apr $7 Aug 59 Sep 67 10 Oct 69 11 Nov 75 12 Dec 73 50 68 66 a) Use trend projection to estimate the relationship between time and sales. (Show your calculations for the intercept and the slope. b) Calculate forecasts for the first four months of the next year

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