Using the following information regarding actual sales for Sam's Ski Supplies, project sales for March of Year 3 using simple linear regression:
Sales for Sam's Ski Supplies ($000s)
|
Month
|
First Year
|
Second Year
|
January
|
380
|
400
|
February
|
340
|
360
|
March
|
320
|
330
|
April
|
280
|
290
|
May
|
265
|
270
|
June
|
230
|
235
|
July
|
220
|
230
|
August
|
200
|
205
|
September
|
210
|
220
|
October
|
250
|
270
|
November
|
400
|
450
|
December
|
450
|
502
|