[Steps Shown] The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from January 2005 thru December 2006 0.5,
Question: The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from January 2005 thru
December 2006
0.5, 0.7, 0.8, 1.0, 1.0, 0.9, 1.1, 1.4, 1.5, 1.4, 0.7, 0.8, 0.8, 0.7, 1.1, 1.5, 1.7, 1.5, 1.6, 1.9, 2.1, 2.4, 2.6, 1.4
Construct a forecasting model for these data and forecast the profit margin for January 2007.
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![[Solved] An article in Harvard Business Review](/images/solutions/MC-solution-library-57925.jpg "[Solved] An article in Harvard Business Review looked at percentage")
[Solved] An article in Harvard Business Review looked at percentage
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