The Following Questions Use the Data Below $\le$ Predicted Sales < 1025
B)1090

question 87

Multiple Choice

The following questions use the data below.
Joe's Sporting Goods wants to forecast quarterly sales figures using a linear trend model. The store has collected 12 quarters of data and needs your help to analyze the data. The relevant regression output is in the following table.
-Refer to Exhibit 11.9. What are predicted sales for the fourth quarter of year 4?

• A)1020 \(\le\) predicted sales < 1025
• B)1090 \(\le\) predicted sales < 1095
• C)1160 \(\le\) predicted sales < 1165
• D)1230 \(\le\) predicted sales < 1235

---

Definitions:

Public Utilities

Organizations that provide essential services to the public such as water, electricity, natural gas, and telecommunications.

Target Return-on-sales Pricing

A pricing strategy where the price is set with the aim of achieving a specific return on sales percentage.

Profit Percentage

A financial metric that shows what percentage of sales has turned into profits, indicating the efficiency of a company's operations.

Sales Volume

The total quantity of goods or services sold by a company within a specific period.