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2) Insert a column to the left of column C. In cell C5 type Month, in cell E5 type MA3 3) Cells C6 to C41:

2) Insert a column to the left of column C. In cell C5 type Month, in cell E5 type MA3 3) Cells C6 to C41: Fill in with numbers 1-36 (you will have to reformat the column to general) 4) Cells E6 to E39: Place a 3 period moving average. 5) --Create MA3 regression --Column C data is independent (X) variable (C5:C39); Column E data is dependent (Y) variable (E5:E39) --Place he regression output on cell G3 6) Cell F39: type FC; Cell G39: type % error --Calculate a forecast for the next two months: Year 4-Jan & Feb (i.e. 35, 36), and place them in cell F40 and F41 --In cell G40 and G41 calculate the % error for your two forecasts 7) Create a scatter plot with the MA data in column E. Title it MA3. Cut and paste the graph into the Graphs sheet below the previous graph.

the data is as follows

New Car Retail Sales
Year Month Units
1 Jan 39,810
1 Feb 40,081
1 Mar 47,440
1 Apr 47,297
1 May 49,211
1 Jun 51,479
1 Jul 46,466
1 Aug 45,208
1 Sep 44,800
1 Oct 46,989
1 Nov 42,161
1 Dec 44,186
2 Jan 42,227
2 Feb 45,422
2 Mar 54,075
2 Apr 50,926
2 May 53,572
2 Jun 54,920
2 Jul 54,449
2 Aug 56,079
2 Sep 52,177
2 Oct 50,087
2 Nov 48,513
2 Dec 49,278
3 Jan 48,134
3 Feb 54,887
3 Mar 61,064
3 Apr 53,350
3 May 59,467
3 Jun 59,370
3 Jul 55,088
3 Aug 59,349
3 Sep 54,472
3 Oct 53,164
3 Nov 48,793
3 Dec 46,956
4 Jan 44,562
4 Feb 52,934

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