Assume that the current date is February 1, 2021. The linear regression model was applied to a monthly time series data based on the last 24 months' sales. (From January 2019 through December 2020). The following partial computer output summarizes the results.   Coefficient Estimate t Intercept 4.3 2.07 Slope 1.6 2.98   Determine the predicted sales for February.

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Assume that the current date is February 1, 2021. The linear regression model was applied to a monthly time series data based on the last 24 months' sales. (From January 2019 through December 2020). The following partial computer output summarizes the results.

 

Coefficient

Estimate

t

Intercept

4.3

2.07

Slope

1.6

2.98

 

Determine the predicted sales for February.

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