and-Beverage-Sales-for-Jimmys-Greek-Restaurant-questions-economics-help – Nursing Writers Hub

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(TCO 3) Use the table â€œFood and Beverage Sales for Jimmyâ€™s Greek Restaurantâ€ to answer the questions below.

Food and Beverage Sales for Jimmyâ€™s Greek Restaurant ($000s)
Month	First Year	Second Year
January	242	263
February	235	238
March	232	247
April	278	193
May	284	193
June	240	149
July	145	157
August	152	161
September	110	122
October	130	130
November	152	167
December	236	231

Part (a) Calculate the regression line and forecast sales for January of Year 3.

Part (b) Calculate the seasonal forecast of sales for January of Year 3.

Part (c) Which forecast do you think is most accurate and why?

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