In December, 2013, an international retail company, Tribeco, considered to expand its business into the Adelaide market. They approached you, a local renowned business consultant for a feasibility study. They are interested in your forecast of Recreational Good Retail Turnover (RGRT) in 2014 as a reference for their forecasted sale if they start their business operation in Adelaide.
You are presented with the Australian Bureau of Statistics (ABS) information on Adelaides RGRT from June 1994 through December 2013. The information on the unemployment rate (UR) and the average weekly earnings (AWE) per person in Adelaide are also available to you.