Question
I am trying to figure out what math equation I would use to predict seasonality for this math problem. I am not sure how to
I am trying to figure out what math equation I would use to predict seasonality for this math problem. I am not sure how to get started on this. My professor put ((Hint: When determining the solution to this question remember that amounts needed in a store will go up around holidays. Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable change or pattern in a time series that recurs or repeats over a one-year period can be said to be seasonal.))
MATH PROBLEM:
Review the monthly data involving Fuji apples purchased at a large grocery store. Predict how many Fuji apples will need to be in stock to have available for the customers in December (month 12)?
Month Fuji Apples Purchased
1 5,325
2 5,648
3 5,873
4 9,842
5 8,234
6 9,421
7 10,123
8 9,784
9 10,443
10 9,564
11 10,147
12 ???
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