New sporting goods store


Demand for soccer balls at a new sporting goods store is forecasted using the following regression equation: Y = 98 + 2.2X where X is the number of months that the store has been in existence. Let April be represented by X = 4. April is assumed to have a seasonality index of 1.15. What is the forecast for soccer ball demand for the month of April (rounded to the nearest integer)?

A. 123

B. 107

C. 100

D. 115

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Basic Statistics: New sporting goods store
Reference No:- TGS0859340

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