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The monthly value of sales for the first 3 years of a restaurant’s operation is shown...

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Statistics

The monthly value of sales for the first 3 years of arestaurant’s operation is shown below (values are in 1,000USD).

Use a multiple linear regression model with dummyvariables to develop an equation to account for seasonal effect inthe data. (data below) ---- SHOW IN EXCEL

MonthSales
1242
2235
3232
4178
5184
6140
7145
8152
9110
10130
11152
12206
13263
14238
15247
16193
17193
18149
19157
20161
21122
22130
23167
24230
25282
26255
27265
28205
29210
30160
31166
32174
33126
34148
35173

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