Question: The data below provides weekly sales for the past 12 weeks (weeks 21-32). Week Sales 21 4,000 22 3,655 23 3,958 24 3,983 25 4,538

The data below provides weekly sales for the past 12 weeks (weeks 21-32).

WeekSales
214,000
223,655
233,958
243,983
254,538
264,120
274,692
284,421
294,859
305,030
315,540
325,670

Use a three period weighted moving average with weights of 0.5, 0.3 and 0.2 to forecast the week 33 sales.

For this data, what is the linear regression equation for forecasting, and what is the associated R2 value?

Equation:

R² =

 What is the linear regression forecast for week 36?

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