QUESTION:

1a. Tell why (explain) "northeast" would be the dependent variable for the time series forecast.

b. Tell why (explain) the "month and year" would be the independent variable for the time series forecast.

Data:

Year		Northeast
2021	March	46,000
2021	April	48,000
2021	May	51,000
2021	June	64,000
2021	July	62,000
2021	August	63,000
2021	September	57,000
2021	October	55,000
2021	November	52,000
2021	December	56,000
2022	January	38,000
2022	February	31,000
2022	March	39,000

3-Month Moving Average - forecast is $36,000.00

3-Month Weighted Moving Average - forecast is $35,875.00