Q7. Based on the data given in excel, forecast for next three months. Assume that the explar variables grow by 10 percent each year. Also analyse the output. Month January February March Price Quantity $12,500 15 $12,200 17 $11.900 16 April $12,000 18 May $11,800 20 June $12,500 18 July $11,700 22 August $12,100 15 September $11.400 22 October $11,400 25 November $11,200 24 December $11,000 30 January February $10,800 25 $10,000 28
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$february is the correct
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