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D.O. Better, operations manager for Luxury Products, Inc., is forecasting the coming month's (October's) demand for his best-selling product based on the following data:

Month: Jan Feb Mar Apr May Jun Jul Aug Sep
Price: 19 17 21 20 23 24 31 28 29

What is the forecast for October (month 10)?

a. 29.7
b. 31.1
c. 31.6
d. 31.9
e. 32.1

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9119436

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