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Business at Terry's Tie Shop can be viewed as falling into three distinct seasons: (1) Christmas (November-December); (2) Father's Day (late May - mid-June); and (3) all other times. Average weekly sales (in $'s) during each of these three seasons during the past four years has been as follows: Season Year 1 Year 2 Year 3 Year 4 1 1810 1976 2241 2280 2008 2155 2306 2408 911 10545 1105 1120 Assuming that the sales is not experiencing any leaner increasing or decreasing trends. 1. Determine a forecast for the average weekly sales in year 5 for season1. (Round to two decimal places) Note: Please type a number and only a number in the text box. Answer: 23

Business at Terry's Tie Shop can be viewed as falling into three distinct seasons: (1) Christmas (November-December); (2) Father's Day (late May - mid-June); and (3) all other times. Average weekly sales (in $'s) during each of these three seasons during the past four years has been as follows: Season Year 1 Year 2 Year 3 Year 4 1 1810 1976 2241 2280 2008 2155 2306 2408 911 10545 1105 1120 Assuming that the sales is not experiencing any leaner increasing or decreasing trends. 1. Determine a forecast for the average weekly sales in year 5 for season1. (Round to two decimal places) Note: Please type a number and only a number in the text box. Answer: 23

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter7: Matrices And Determinants
Section7.2: Operations With Matrices
Problem 12ECP
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Business at Terry's Tie Shop can be viewed as falling into three distinct seasons: (1) Christmas (November-December); (2) Father's Day (late May - mid-June); and (3) all other times.. Average weekly sales (in $'s) during each of these three seasons during the past four years has been as follows: Season Year 1 Year 2 Year 3 Year 4 1 1810 1976 2241 2280 2008 2155 2306 2408 3 911 10545 1105 1120 Assuming that the sales is not experiencing any leaner increasing or decreasing trends. 1. Determine a forecast for the average weekly sales in year 5 for season1. (Round to two decimal places) Note: Please type a number and only a number in the text box. Answer:
Transcribed Image Text:Business at Terry's Tie Shop can be viewed as falling into three distinct seasons: (1) Christmas (November-December); (2) Father's Day (late May - mid-June); and (3) all other times.. Average weekly sales (in $'s) during each of these three seasons during the past four years has been as follows: Season Year 1 Year 2 Year 3 Year 4 1 1810 1976 2241 2280 2008 2155 2306 2408 3 911 10545 1105 1120 Assuming that the sales is not experiencing any leaner increasing or decreasing trends. 1. Determine a forecast for the average weekly sales in year 5 for season1. (Round to two decimal places) Note: Please type a number and only a number in the text box. Answer:
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