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# 1 . The Fastgro Fertilizer Company distributes fertilizer to various lawn and garden shops. The company must base its quarterly production schedule on a
# The Fastgro Fertilizer Company distributes fertilizer to various lawn and garden shops. The company must base its quarterly production schedule on a forecast of how many tons of fertilizer will be demanded from it The company has gathered this data for the past years.
a Compute the term quarter moving average and the absolute value of the error, for Q to Q
b Compute the term quarter moving average and the absolute value of the error for Q to Q
c Compute the linear trend line using a regression model for Q to Q Also compute the absolute value of the error.
d Compare the forecasts developed in parts a b and c using MAD. Which method appears to be the most accurate? Do any of the methods exhibit any bias consistently higher or lower than the actual values Show your answers in the spaces below the table.
e Graph the quarter on the axis and the demand on the axis and include the graph below. Can you identify any cycles or seasonal patterns? Highlight the two datasets, click Insert, then select Scatterplot with lines.
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