Use the table “Food and Beverage Sales for Paul’s Pizzeria” to answer the questions below.

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Food and Beverage Sales for Paul’s Pizzeria Restaurant

($000s)

Month

First Year

Second Year

January

55

60

February

53

54

March

53

56

April

63

44

May

64

44

June

54

34

July

33

36

August

35

37

September

25

28

October

30

30

November

35

38

December

54

52


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

    • 11 years ago
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