A Company Has Recorded the 12 Months of Sales Data

Multiple Choice

A company has recorded the 12 months of sales data for the past year.It wishes to use the regression approach to develop a trend-based approach for forecasting future months.The following data are provided: Based on this information,which of the following is forecast for month 15?

A) Approximately 692
B) About 596
C) Just over 825
D) None of the above