Four months ago, the Bank Drug Company introduced Jeffrey William brand designer bandages. Advertised using the slogan, "What the best dressed cuts are wearing", weekly sales for this period (in 1000's) have been as follows:
a) Plot a graph of sales vs. weeks. Does linear trend appear reasonable?
b) Assuming linear trend, forecast sales for weeks 17, 18, 19, and 20.

Question

Four months ago, the Bank Drug Company introduced Jeffrey William brand designer bandages. Advertised using the slogan, "What the best dressed cuts are wearing", weekly sales for this period (in 1000's) have been as follows:
  a) Plot a graph of sales vs. weeks. Does linear trend appear reasonable?
b) Assuming linear trend, forecast sales for weeks 17, 18, 19, and 20.

Quizplus · Accepted Answer

The Answer of Four months ago, the Bank Drug Company introduced Jeffrey William brand designer bandages. Advertised using the slogan, "What the best dressed cuts are wearing", weekly sales for this period (in 1000's) have been as follows:
  a) Plot a graph of sales vs. weeks. Does linear trend appear reasonable?
b) Assuming linear trend, forecast sales for weeks 17, 18, 19, and 20.

Four Months Ago, the Bank Drug Company Introduced Jeffrey William