Based on your work in the previous three problems, a. Determine a seasonally adjusted linear trend forecasting

Question:

Based on your work in the previous three problems,
a. Determine a seasonally adjusted linear trend forecasting model. Compare this model with an unadjusted linear trend model. Use both models to forecast Tran€™s sales for period 49.
b. Which of the two models developed has the lower MAD and lower MSE ?
Store, which has maintained monthly sales records for the past 48 months, with the following results:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 63% (11 reviews)

a The output for both models is shown The forecast for month 49 for both models is Unadjusted 234245...View the full answer

Answered By

Asim farooq

I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening. My Expert Service Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities

4.40+ 65+ Reviews 86+ Question Solved

Related Book For book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

See More Books

Question Posted: Dec 02, 2015 02:53 AM

See More Questions

Based on your work in the previous three problems, a. Determine a seasonally adjusted linear trend forecasting

Question:

1457(6) 4( 855 S( 2 7 7 4 6 4 35 4 4 3 3 2 3 3 3 3 3 3 3 3 1-901 678 7 6 933 1469 () 1 2 3 4 5 6 7 8 Month Sales (S) 32.400 35,600 31,200 34.600 36.800 35,700 Month Sales (S) 37.500 40,000 43.200 46.700 50.100 52,100 37 (Jan) 38 39 43 46 48

Step by Step Answer:

a The output for both models is shown The forecast for month 49 for both models is Unadjusted 234245...View the full answer

Business Statistics A Decision Making Approach

Students also viewed these Statistics questions