Monthly sales at a coffee shop have been analyzed. The seasonal index values are $$\begin{array} { c r }
\text { Month } & \text { Index } \
\hline \text { Jan } & 1.38 \
\text { Feb } & 1.42 \
\text { Mar } & 1.35 \
\text { Apr } & 1.03 \
\text { May } & .99 \
\text { June } & .62 \
\text { July } & .51 \
\text { Aug } & .58 \
\text { Sept } & .82 \
\text { Oct } & .82 \
\text { Nov } & .92 \
\text { Dec } & 1.56
\end{array}$$ and the trend line is 74123 + 26.9(t). Assume there is no cyclical component and forecast sales for year 8 (months 97 - 108).

Question

Monthly sales at a coffee shop have been analyzed. The seasonal index values are $$\begin{array} { c r } 
\text { Month } & \text { Index } \
\hline \text { Jan } & 1.38 \
\text { Feb } & 1.42 \
\text { Mar } & 1.35 \
\text { Apr } & 1.03 \
\text { May } & .99 \
\text { June } & .62 \
\text { July } & .51 \
\text { Aug } & .58 \
\text { Sept } & .82 \
\text { Oct } & .82 \
\text { Nov } & .92 \
\text { Dec } & 1.56
\end{array}$$ and the trend line is 74123 + 26.9(t). Assume there is no cyclical component and forecast sales for year 8 (months 97 - 108).

Quizplus · Accepted Answer

The Answer of Monthly sales at a coffee shop have been analyzed. The seasonal index values are $$\begin{array} { c r } 
\text { Month } & \text { Index } \
\hline \text { Jan } & 1.38 \
\text { Feb } & 1.42 \
\text { Mar } & 1.35 \
\text { Apr } & 1.03 \
\text { May } & .99 \
\text { June } & .62 \
\text { July } & .51 \
\text { Aug } & .58 \
\text { Sept } & .82 \
\text { Oct } & .82 \
\text { Nov } & .92 \
\text { Dec } & 1.56
\end{array}$$ and the trend line is 74123 + 26.9(t). Assume there is no cyclical component and forecast sales for year 8 (months 97 - 108).

Monthly Sales at a Coffee Shop Have Been Analyzed And the Trend Line Is 74123 + 26