Use regression analysis on deseasonalized demand to forecast demand in summer 2013. (Do not round intermediate calculations. Round your answer to the nearest whole number.) Forecast for summer 2013
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- The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but notnecessarily corresponding exactly to the real value.[18]Develop a reasonable argument for why the termnominal rate is used to describe the annual percentagerate of an investment account that compoundsinterest.The following are historical demand data: YEAR SEASON ACTUALDEMAND 2 years ago Spring 205 Summer 151 Fall 379 Winter 560 last year Spring 481 Summer 268 Fall 679 Winter 959 Use regression analysis on deseasonalized demand to forecast next summer’s demand. (Round your answer to the nearest whole number.)Use regression analysis on deseasonalized demand to forecast demand in summer 2013. Forecast for summer 2023 ______
- To calculate an exponential smoothing forecast of demand, what values are required? a. alpha, number of periods, last actual demand b. alpha, last forecast, last actual demand c. last forecast, number of periods, averaging period d. alpha, last forecast, number of periodsIf changing market conditions cause a company earning $7,000,000 in 2015 to project a loss of 1% of its profit in each of the next 5 years, what profit does it project in 2020? (Round your answer to the nearest dollar.)The Fast Track Ski Shoppe sells ski goggles during the four months of the ski season.Average demand follows: a. Calculate the deseasonalized sales and the seasonal index for each of the fourmonths.b. If next year’s demand is forecast at 1200 pairs of goggles, what will be the forecast sales for each month?