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Find a line using regression in excel

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Reference no: EM132783660

Please put in Microsoft Excel format as needed and please provide thorough explanations and solutions/answers and attach a Microsoft Excel file. Thank you!

Tuscon Machinery, Inc. manufactures numerically controlled machines, which sell for an average of $0.5 million each. Sales for these NCMs for the past two years were as follows:

Quarter Quarter Quarter

Last Year Quantity (Units) This Year Quantity (Units)

1 12 I 16

II 18 II 24

III 26 III 28

IV 16 IV 18

a. Find a line using regression in Excel.

b. Find the trend and seasonal factors.

c. Forecast sales for next year.

Reference no: EM132783660

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