Norm Marks has recently been assigned the responsibility of forecasting the demand for P2CL. a coating produced
Question:
a. Go to the www.economagic.com and/or Business Statistics and gather data on retail monthly beer, wine, and liquor store sales for a recent four-year period. Prepare a time-scribes plot of the data. Use data that is not seasonally adjusted (usually noted by "NSA").
b. Develop a multiple-regression trend model with monthly dummy variables for February (M2) through December (Ml2) for beer, wine, and liquor sales (i.e.. use January as the base period). Summarize your findings:
Write a paragraph in which you communicate your findings to Norm Marks.
c. Prepare a forecast for the year following the four years for which you collected data.
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Related Book For
Business Forecasting with Forecast X
ISBN: 978-0073373645
6th edition
Authors: Holton wilson, barry keating, john solutions inc
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