## It is that time of year that managers of all types love to hate: budgeting for the next year. Connie Smith needs forecasts of sales for the next year she can build her budgets around.

### statistics

##### Description

Background

It is that time of year that managers of all types love to hate: budgeting for the next year. Connie Smith needs forecasts of sales for the next year she can build her budgets around. She would also like some idea of what 2018 could look like, though she realizes the forecasts that far in the future are a bit uncertain. She asks you to develop forecasts for 2017 as a beginning.

M6A1

Requirements Using

M6A1_Data, Start Excel. Open the workbook M6A1-Fast Data. Immediately save the workbook with a new name. Use your name and include the assignment name, e.g. Wright-Dawn-M6A1. This will ensure you have a good copy in case you make mistakes. It will also make your instructor happy when grading your work, which is a good thing.

1. Using the Fast 2000 GB Sales data for January 2012 through Dec 2016:

1a. Prepare a scatter plot (with lines instead of data points) with Month as the predictor (x) variable and World Sales as the response (y) variable. Use a basic Excel graph to do this, not a full linear regression using the Data Analysis tool.

How to Do It 1a.1: Excel Scatter Plot https://youtu.be/QdVei772BgY 1ai. Add a trend line with the linear regression equation and R2 .

## Related Questions in statistics category

##### Disclaimer
The ready solutions purchased from Library are already used solutions. Please do not submit them directly as it may lead to plagiarism. Once paid, the solution file download link will be sent to your provided email. Please either use them for learning purpose or re-write them in your own language. In case if you haven't get the email, do let us know via chat support.