BUS 278 WEEK 4 MID TERM EXAM QUESTION 10 100% CORR

BUS 278 WEEK 4 MID TERM EXAM QUESTION 10 100% CORRECT
TCO 3 Use the table Food and Beverage Sales for Jimmys Greek Restaurant” to answer the questions below
 
 
Food and Beverage Sales for Jimmy- Greek Restaurant
($000s)
Month	First Year	Second Year
January	242	263
February	235	238
March	232	247
April	278	193
May	284	193
June	240	149
July	145	157
August	152	161
September	110	122
October	130	130
November	152	167
December	236	231

 
Part (a): Calculate the regression line and forecast sales for January of Year 3.
Part (b): Calculate the seasonal forecast of sales for January of Year 3.
Part (c): Which forecast do you think is most accurate and why?

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