Multiple Choice
Exhibit 11.11
The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using seasonal indices. 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 11.11. What are predicted sales for the first quarter of year 4?
A) 755 ≤ predicted sales < 780
B) 1255 ≤ predicted sales < 1260
C) 1275 ≤ predicted sales < 1280
D) 1405 ≤ predicted sales < 1410
Correct Answer:
Verified
Correct Answer:
Verified
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