Using data in problem 5-30 develop a multiple regression model to predict sales (both trend and seasonal components) using dummy variables to incorporate the seasonal factor into the model. Use this...


Using data in problem 5-30 develop a multiple regression model to predict sales (both trend and seasonal components) using dummy variables to incorporate the seasonal factor into the model. Use this model to predict sales for each quarter of the next year. Comment on the accuracy of this model.









































Quarter



Year 1



Year 2



Year 3



Year 4



1.



218



225



234



 250



2.



247



254



265



 283



3.



243



255



264



 289



4.



292



299



327



 356





May 15, 2022
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