Question: Question 3 A multiple regression has produced the following ANOVA result. Time refers to the number of the month since forecasts began, while the variables

Question 3 A multiple regression has produced the
Question 3 A multiple regression has produced the following ANOVA result. "Time" refers to the number of the month since forecasts began, while the variables for January through November are "dummy" 0-1 variables used to represent which month it is (i.e. if it's January, then the variable for "January" equals 1; otherwise, the variable equals O). We are trying to forecast sales for any given month. SUMMARY OUTPUT Regression Statistics Multiple 0.363709923 RSquare 0.745994031 Adjusted Rs 0.681142447 Standard Error 7.891642046 Observations GO ANOVA Repression Residual Total 35 MOS Significance 12 6596 583333 716.3019444 11 50296704 2.768016-30 47 2927.066667 62 27301410 59 11523.65 Intercept Tume January February March April Commenti rendere vor Star Avale Lower N UN Lower 33 ON Upper 93.ON 1734138412002 4.180347435 0.000125695 3.974589052 25.62541095 3974589052 25.62541095 0310555556 060033755 6.506161579 1492011-06 020970132 0.451127091 20978332 0451327891 1.963009 5.0346098139007767 0.690241365 12.0922172 8.164439467 12.0922172 8.154439467 5.505555556 5.02706771 1095177939 0 2790192514 60764029 15.6107514460764029 15.6117514 9.375 5.09027229 1.667420509 0.060004917 072440499 19.47448499 072448499 19.47448499 12.44444444 5.03416643 2.481657078 0.016701225 2357242064 22.53164603 2 357242054 22.53164603 27.3130069 5.000772725 5.453203876 1790565-06 17 23753104 3719023974 17 23753304 37.39023974 25.78333333 5004093478 5.15344338 5.014795-06 15.71639592 35.85027075 15.71639592 35.85027075 24.65277778 5000130695 4.930426679 1.06391-05 14.59381245 34 7117431 14 59381245 34.7117431 21.12222222 4.996886061 4227077 0.000108201 11.06978432 01.17466022 11 06978432 11.17465022 6.191666667 4.994361034 1.239731494 0.221229:42 -3.0556936 16.23902493 35556916 16.21902493 4861111111 4992556643 0973671699 0.335204346 -5.1826172 14.90483942 -5.1826172 14.90483942 -3.669464444.991473703 0.7951425 0.465905327 10.7109941 6.272105259 13.7109941 6.372105259 MY JUNY August September October November (a) Suppose we have the following situation: It's time (month) number 68, which happens to be August. What is the forecast for that month? (b) Suppose it's time (month) number 72, which happens to be December. What is the forecast for

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