Assume That the Current Date Is February 1, 2013 -Determine the Predicted Sales for February 2013

question 124

Multiple Choice

Assume that the current date is February 1, 2013. The linear regression model was applied to a monthly time series data based on the last 24 months' sales. (from January 2011 through December 2012) . The following partial computer output summarizes the results.
$$\begin{array} { l c c } \text { Coeffficient } & \text { Estimate } & t \\\text { Intercept } & 4.3 & 2.07 \\\text { Slope } & 1.6 & 2.98\end{array}$$
-Determine the predicted sales for February 2013.

• A)45.9
• B)42.7
• C)44.3
• D)109.1
• E)113.4

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