Multiple Choice
Exhibit 11.9
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 ≤ predicted sales < 1025
B) 1090 ≤ predicted sales < 1095
C) 1160 ≤ predicted sales < 1165
D) 1230 ≤ predicted sales < 1235
Correct Answer:

Verified
Correct Answer:
Verified
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