Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020. You are required to; a. Using linear trend equation forecast the sales of face masks for October 2020. b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5. Month Sales ($) April  17,000 May 18,000 June 19,500 July  22,000 August  21,000 September  23,000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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Amex PLC has gathered following information on the sales of face mask from April 2020 to September 2020.

You are required to;
a. Using linear trend equation forecast the sales of face masks for October 2020.
b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: July 0.2, August 0.3 and September 0.5.

Month Sales ($)
April  17,000
May 18,000
June 19,500
July  22,000
August  21,000
September  23,000
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