week 4

User Generated

xunqvwnuqbjql

Business Finance

Description

Use the table “Food and Beverage Sales for Jimmy’s Greek Restaurant” to answer the questions below.
 
 

Food and Beverage Sales for Jimmy’s 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? (Points : 30)


User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

This question has not been answered.

Create a free account to get help with this and any other question!

Similar Content

Related Tags