# Calculate the regression line and forecast sales

Anonymous

Question description

(TCO 3) 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?

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