Question: Simone has been studying the sales data provided by the stores in one region. She has formatted the data in the same structure for all

Simone has been studying the sales data provided by the stores in one region. She has formatted the data in the same structure for all of the stores so be certain to build your spreadsheet so that can grow be reused for all of the questions she has compiled.

Don't round any calculations in the middle of the problem and round final answers to two (2) decimal places.

There are 2 years of previous data to use in putting together the forecasts (periods 1-24). Then, after moving through the next year, 12 more periods are provided to determine the accuracy of the forecasts.

The past sales history for Store 1 is provided in the table below. Using time series trend projections (least squares regression analysis), forecast the demand for December of the following year (Month 36)?

Use periods 1 through 24 to create your forecast and enter your value for Period 36 for this question.

Month Year Period Store 1
January 1 1 69883
February 1 2 88561
March 1 3 100465
April 1 4 106156
May 1 5 85151
June 1 6 94513
July 1 7 67472
August 1 8 67230
September 1 9 59651
October 1 10 35047
November 1 11 43942
December 1 12 60621
January 2 13 64054
February 2 14 67724
March 2 15 105975
April 2 16 113024
May 2 17 82876
June 2 18 91252
July 2 19 87916
August 2 20 61145
September 2 21 34506
October 2 22 51923
November 2 23 56918
December 2 24 71524

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