Question: Table 2.1: Actual sales data for the reading glasses during 2021 Month Actual Sales (Pairs of reading glasses) January 2021 2 800 February 2021 3
Table 2.1: Actual sales data for the reading glasses during 2021
| Month | Actual Sales (Pairs of reading glasses) |
| January 2021 | 2 800 |
| February 2021 | 3 000 |
| March 2021 | 5 000 |
| April 2021 | 4 000 |
| May 2021 | 5 600 |
| June 2021 | 8 000 |
| July 2021 | 8 000 |
| August 2021 | 7 900 |
| September 2021 | 6 000 |
| October 2021 | 4 050 |
| November 2021 | 4 900 |
| December 2021 | 5 550 |
4.2 Determine the Mean Absolute Deviation (MAD) of the three-month-weighted-movingaverage monthly forecasts for the April - December 2021 period. (4 marks)
a. The linear regression equation of the sales of reading glasses for the 2021 financial year is given by the expression: y = 201.4x + 4091 (where 'y' denotes monthly sales, and 'x', the number representing the month. For example, x = 1, 2, 3, etc., if the month is January, February, March, etc.). Use the regression equation to determine the Mean Absolute Deviation (MAD) of the regression forecasts for the April - December 2021 period. .(5 marks)
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