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Consider the quarterly revenue data from 2001-2015 for Fresh, an independent grocery store located in...

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Accounting

Consider the quarterly revenue data from 2001-2015 for Fresh, an independent grocery store located in Round Rock, TX, provided in Table. It is clear that this revenue data exhibits increasing linear trend and quarterly seasonality. Which of the following models would likely provide a better prediction of future quarterly revenue: (1) a Winters model or (2) a linear regression model with trend and quarterly seasonal indicator variables? Justify your recommendation.

Note that you do not need to fit any models here. You should be able to answer this question by interpreting the dynamics that are visible the historical data.

image

e-1 8 3 1 5 7 1 7 7 5 6 3 0 2829386 5-7 9351 1193381553 861 8970807190829183 an 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 4 2 638840089342 37 28 1867 5 168 2285 44 66 54757586 7586 8 12341 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 e5 4285 72095 071776 7298254583669 453 980 2591 2 12232323 5 an 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2 2

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