Month Sales ($) January 12,354 February 13,657 March 14,536 April 14,536 May 16,590 June 19,790 July 17,987 August 18,657 September 19,765 October 18,678 November 20,678 December 23,675 Use simple linear regression analysis to forecast the sales for next month? Round your answer to two decimal places.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The monthly sales of a company are listed below.
Month
Sales ($)
January
12,354
February
13,657
March
14,536
April
14,536
May
16,590
June
19,790
July
17,987
August
18,657
September
19,765
October
18,678
November
20,678
December
23,675
Use simple linear regression analysis to forecast the sales for next month? Round your
answer to two decimal places.
Transcribed Image Text:The monthly sales of a company are listed below. Month Sales ($) January 12,354 February 13,657 March 14,536 April 14,536 May 16,590 June 19,790 July 17,987 August 18,657 September 19,765 October 18,678 November 20,678 December 23,675 Use simple linear regression analysis to forecast the sales for next month? Round your answer to two decimal places.
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