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Managerial Report: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following:1. A time series plot: Comment on the underlying pattern in the time series.2. Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Karen?Assume that January sales for the fourth year turn out to be 295,000. What was your

Managerial Report: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations.

VIDEO ANSWER: Good morning everybody. We need to know the forecast of the 12th month for our solution. The January forecast is 286,850. February's forecast is …

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