1. Using the information you have

for years 1 & 2, calculate a monthly

index. And then (b) using year 1 and

2 data Determine the slope and

intercept of line equation using linear

regression. Then calculate the new

annual demand and forecast the

monthly demand.

Pricilla Phranklin opened her new clothing store, Pricilla Phashions, in downtown Dover. Pants, skirts, blouses, and shirts have fairly consistent sales, while things like shorts, sweater and outerwear are highly seasonal. On the other hand, dresses are a little harder to predict. Pricilla is hiring you to arrive at the best forecasting method for dresses. The following table contains three years of dress sales data