The sales (in $'000) of CBO by a large department store for each period of three months are as follows. Quarter 20X4 First Second Third Fourth Required (a) Using an additive model, find the centred moving average trend. (b) Find the average seasonal variation for each quarter. (c) Predict sales for the last quarter of 20X7 and the first quarter of 20X8, stating any assumptions Show your workings more so in part b 20X5 8 30 60 20 20X7 40 62 92 20X6 20 50 80 40 24

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The sales (in $'000) of CBO by a large
department store for each period of three
months are as follows.
Quarter 20X4
First
Second
Third
Fourth
Required
(a) Using an additive model, find the centred
moving average trend.
(b) Find the average seasonal variation for
each quarter.
(c) Predict sales for the last quarter of 20X7
and the first quarter of 20X8, stating any
assumptions
Show your workings more so in part b
20X5
20X6
20X7
8
30
60
20
20
50
80
40
40
62
92
24
Transcribed Image Text:The sales (in $'000) of CBO by a large department store for each period of three months are as follows. Quarter 20X4 First Second Third Fourth Required (a) Using an additive model, find the centred moving average trend. (b) Find the average seasonal variation for each quarter. (c) Predict sales for the last quarter of 20X7 and the first quarter of 20X8, stating any assumptions Show your workings more so in part b 20X5 20X6 20X7 8 30 60 20 20 50 80 40 40 62 92 24
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