. Determine the correlation coefficient between the number of periods and the sales. Is time  series a good method of predicting the monthly sales for year 4? b. Determine the correlation coefficient between the sales and the number of tourists in the  area. Is a linear regression a good method to predict the sales for a month?

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a. Determine the correlation coefficient between the number of periods and the sales. Is time 
series a good method of predicting the monthly sales for year 4?
b. Determine the correlation coefficient between the sales and the number of tourists in the 
area. Is a linear regression a good method to predict the sales for a month?

2.
In a mountainous tourist destination, a lady sells slippers. Her assistant recorded monthly sales.
She then checked the record in the Tourist Community Center, which the record shows on the
table below:
Year 1
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sales
525
436
458
485
467
402
388
364
351
348
412
501
(pairs of
slippers)
No. of
1253
957
1116
1320
1101
963
812
798
764
745
812
1201
tourists
Year 2
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sales
533
443
469
492
483
410
392
374
371
358
426
517
(pairs of
slippers)
No. of
1263
1008
1122
1334
1111
973
824
812
783
787
833
1215
tourists
Transcribed Image Text:2. In a mountainous tourist destination, a lady sells slippers. Her assistant recorded monthly sales. She then checked the record in the Tourist Community Center, which the record shows on the table below: Year 1 Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 525 436 458 485 467 402 388 364 351 348 412 501 (pairs of slippers) No. of 1253 957 1116 1320 1101 963 812 798 764 745 812 1201 tourists Year 2 Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 533 443 469 492 483 410 392 374 371 358 426 517 (pairs of slippers) No. of 1263 1008 1122 1334 1111 973 824 812 783 787 833 1215 tourists
Year 3
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sales
548
468
482
498
495
422
401
386
387
378
436
531
(pairs of
slippers)
No. of
1279
1021
1136
1332
1121
984
822
811
794
785
842
1219
tourists
Transcribed Image Text:Year 3 Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 548 468 482 498 495 422 401 386 387 378 436 531 (pairs of slippers) No. of 1279 1021 1136 1332 1121 984 822 811 794 785 842 1219 tourists
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