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son4ous [18]
3 years ago
5

Suppose the manager of an ice cream store is trying to forecast the pounds of ice cream that they will sell based on what they h

ave sold in past. A time-series trend equation is 25.3 2.1x. What is your forecast for period 7
Business
1 answer:
disa [49]3 years ago
6 0

Based on the information give your forecast for period 7 is 40.

<h3>Forecast for period 7</h3>

Given:

Time-series trend equation=25.3+2.1x

Period=7

Let x present period 7

Hence:

Forecast for period 7 =25.3 +2.1(7)

Forecast for period 7 =25.3 +14.7

Forecast for period 7 =40

Inconclusion your forecast for period 7 is 40.

Learn more about forecast here:brainly.com/question/24730207

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