The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a linear trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.
-Refer to Exhibit 11.9. What are predicted sales for the fourth quarter of year 4?
A)1020 $\le$ predicted sales

Question

The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a linear trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.  
-Refer to Exhibit 11.9. What are predicted sales for the fourth quarter of year 4?
A)1020 $\le$ predicted sales < 1025 
B)1090 $\le$ predicted sales < 1095 
C)1160 $\le$ predicted sales < 1165 
D)1230 $\le$ predicted sales < 1235

Quizplus · Accepted Answer

The Answer of  
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a linear trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.  
-Refer to Exhibit 11.9. What are predicted sales for the fourth quarter of year 4?
A)1020 $\le$ predicted sales < 1025 
B)1090 $\le$ predicted sales < 1095 
C)1160 $\le$ predicted sales < 1165 
D)1230 $\le$ predicted sales < 1235

The Following Questions Use the Data Below ≤\le≤ Predicted Sales < 1025 B)1090

The Following Questions Use the Data Below $\le$ Predicted Sales < 1025
B)1090