Question: Use a regression analysis to estimate the relationship between time and sales. using the equation obtained, forecast the sales for the first four months of
Use a regression analysis to estimate the relationship between time and sales.
using the equation obtained, forecast the sales for the first four months of next year.
1 2 3 4 Sales 51 55 54 5 6 7 8 57 9 Month Jan Feb March April May June July Aug Sept Oct Nov Dec 66 59 67 69 75 7 50 68 10 11 12 m
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To estimate the relationship between time and sales we can use linear regression analysis We will us... View full answer
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