Question
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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