EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 18, Problem 2.3PT
To determine

Determine the seasonally adjusted forecast for January and February of the fifth year.

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A pharmaceutical company would like to make an accurate forecast about vitamins sales in 2022.   Using sales as the Y variable and time ( year) as the x variable,1.Determine the slope and the intercept of the trend equation. 2. Provide a forecast of the sales for the period 2015-2022 using the 3 year moving average method. 3. Compute the accuracy measure MAPE for the naïve and the 3-year movingaverage. Conclude about which method to advise.
Please help me to find the trend values by using the moving average method (Correct to three decimal places
The table below is the number of employees owned by Islamic Commercial Banks (BUS) in 2011 – 2020 obtained from the publication of Sharia Banking Statistics for several years. From the data, answer the following question: Make a trend equation and determine the estimated number of workers in 2021. What can you explain from the trend equation.
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