Over the years the U.S. grocery distribution and sales industry has grown. Today, the total industry sales are in the billions of dollars. Major retailers, such as Walmart and Target, added food to complement their merchandise sales and Amazon recently purchased Whole Foods. For many companies, forecasts of industry sales are necessary information to plan for short- and long-term decisions. Using the total U.S. grocery store annual sales in millions of dollars (https://www.census.gov/retail/index.html#mrts) in the following table, respond to the following items. Year2008200920102011201220132014201520162017Sales$511, 222510,033520,750547,476563,645574,547599,603Click here for the Excel Data FilePeriod613,159625,295639,161d-1. Compute all possible forecasts using a trend forecasting model using simple linear regression?(Round your answers to 2 decimal places.)2008200920102011201220132014201520162017Sales511,222510,033520,750547,476563,645574,547599,603613,159625,295639,161Predicted SalesAbsolute Error d-3. What is the trend equation based on the regression analysis?(Negative amounts should beindicated by a minus sign. Round your answer to 2 decimal places and other answer to 3 decimalplaces.)Annual US Grocery SalesPredicted annual change of industry salese. What is the predicted annual change of industry sales? (Round your answer to 3 decimal places.)+Year201820192020Year.Annual US Grocery Salesmillionsmillionsmillionsf. Using the trend model, forecast the next 3 years of grocery sales. (Round your answers to 2decimal places.)million per year.

Given information: Year Sales 2008 511222 2009 510033 2010 520750 2011 547476 2012…

Over the years the U.S. grocery distribution and sales industry has grown. Today, the total industry sales are in the billions of dollars. Major retailers, such as Walmart and Target, added food to complement their merchandise sales and Amazon recently purchased Whole Foods. For many companies, forecasts of industry sales are necessary information to plan for short- and long-term decisions. Using the total U.S. grocery store annual sales in millions of dollars (https://www.census.gov/retail/index.html#mrts) in the following table, respond to the following items.

Over the years the U.S. grocery distribution and sales industry has grown. Today, the total industry sales are in the billions of dollars. Major retailers, such as Walmart and Target, added food to complement their merchandise sales and Amazon recently purchased Whole Foods. For many companies, forecasts of industry sales are necessary information to plan for short- and long-term decisions. Using the total U.S. grocery store annual sales in millions of dollars (https://www.census.gov/retail/index.html#mrts) in the following table, respond to the following items.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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