Consider The Following Set Of Time Series Sales Data For A Growing Company Over The Past 8 Months: essayContemplate the next set of time collection gross sales information for a rising firm over the previous eight months: Month Gross sales 1 15 2 14 three 18 four 24 5 20 6 25 7 23 eight 20 Assemble a time collection plot. What kind of sample exists?
Develop a forecast for the subsequent month utilizing a four-month transferring common methodology.
Develop a forecast for the subsequent month utilizing the averaging methodology.
Develop a forecast for the subsequent month utilizing the naïve last-value methodology.
Use the Excel Capabilities SLOPE and INTERCEPT to write down the linear regression prediction equation with Months because the unbiased variable and gross sales because the dependent variable.
Use the prediction equation to estimate the variety of gross sales in month 9.
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