Hi I need the solution in details (show your work) Monthly sales at a coffee shop...

Hi I need the solution in details (show your work) Monthly sales at a coffee shop have been analyzed. The seasonal index values are Month Index Jan 1.38 Feb 1.42 Mar 1.35 Apr 1.03 May 0.99 June 0.62 July 0.51 Aug 0.58 Sept 0.82 Oct 0.82 Nov 0.92 Dec 1.56 and the trend line is 74123 + 26.9(t). Assume there is no cyclical component and forecast sales for year 8 (months 97 - 108).

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orchestra answered 1 year ago

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Hi I need the solution showing the work (in details) of this problem. Monthly sales at a coffee shop have been analyzed. The seasonal index values are Month Index Jan 1.38 Feb 1.42 Mar 1.35 Apr 1.03 May 0.99 June 0.62 July 0.51 Aug 0.58 Sept 0.82 Oct 0.82 Nov 0.92 Dec 1.56 and the trend line is 74123 + 26.9(t). Assume there is no cyclical component and forecast sales for year 8 (months 97 - 108).

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