Use the table “Food and Beverage Sales for Paul’s Pizzeria” to answer the questions below.

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shahimermaid
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  • Field: Business Finance - Economics
  • Posted: 6 years ago
Food and Beverage Sales for Paul’s Pizzeria Restaurant ($000s) Month First Year Second Year January 55 60 February 53 54 March 53 56 April 63 44 May 64 44 June 54 34 July 33 36 August 35 37 September 25 28 October 30 30 November 35 38 December 54 52 Part (a) Calculate the regression line and forecast sales for March of Year 3. Part (b) Calculate the seasonal forecast of sales for March of Year 3. Part (c) Which forecast do you think is most accurate and why?
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