An organization develops a linear regression model to forecast sales. Below are the results of the regression analysis using 12 periods in the model….

1. An organization develops a linear regression model to forecast sales. Below are the results of the regression analysis using 12 periods in the model.

a.      Is the model significant? What data demonstrates the significance of the model?

b.      What does the R Square signify?

c.      What is the forecast for period 13?