Johns Bait and Fish Shop has had the monthly sales amounts listed below for the...
70.2K
Verified Solution
Link Copied!
Question
Finance
Johns Bait and Fish Shop has had the monthly sales amounts listed below for the last four years.
Year:
2017
2018
2019
2020
January
$
417,367
$
585,933
$
335,245
$
588,897
February
114,545
138,297
165,396
113,395
March
139,034
177,978
86,250
138,526
April
429,362
393,873
513,433
458,349
May
437,360
926,902
535,096
852,201
June
743,720
1,085,600
597,872
742,567
July
1,449,487
1,250,939
1,565,689
1,579,033
August
1,429,071
1,794,208
1,850,060
1,591,397
September
1,178,451
1,023,376
683,722
724,766
October
368,124
466,386
483,745
651,886
November
257,130
390,803
261,611
310,905
December
322,404
386,984
235,939
371,431
Assuming that there is both seasonality and a trend, estimate monthly sales for each month of the coming year. (Round your answers to the nearest whole dollar amount.)
2021
January
February
March
April
May
June
July
August
September
October
November
December
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
