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Loan Rate Min Wage Year Sales Euro/TL 2021 17 2825 10,5 2020 772,788 12 2324 7,86 2019 479060 24 2020 6,35 2018 620937 17,75 1600
Loan Rate Min Wage Year Sales Euro/TL 2021 17 2825 10,5 2020 772,788 12 2324 7,86 2019 479060 24 2020 6,35 2018 620937 17,75 1600 5,65 2017 956194 8 1400 4,15 2016 983720 7,5 1270 3,35 2015 968017 7,5 1000 3 2014 767681 8,25 890 2,9 2013 664655 4,5 700 2,5 2012 556280 5,75 643 2,3 2011 593519 6,25 571 2,35 1) Yearly car sales in Turkey, loan rates, min wages, euro exchange rates are given in the table. Create a forecast for 2017 using the trend-adjusted exponential smoothing. Evaluate accuracy of the forecast. You can make up the necessary data/value. Logically explain why you choose that value. Create a two forecast for 2020 using the linear regression. Forecast the sales numbers if the loan rate is 24% in 2019. Forecast the sales numbers if min wage is 2324TL and euro exchange rate is 7,86TL. Evaluate accuracy of the forecast. What would be your forecast for 2021 based on quantitative and qualitative methods? Explain. (You can use any method) Loan Rate Min Wage Year Sales Euro/TL 2021 17 2825 10,5 2020 772,788 12 2324 7,86 2019 479060 24 2020 6,35 2018 620937 17,75 1600 5,65 2017 956194 8 1400 4,15 2016 983720 7,5 1270 3,35 2015 968017 7,5 1000 3 2014 767681 8,25 890 2,9 2013 664655 4,5 700 2,5 2012 556280 5,75 643 2,3 2011 593519 6,25 571 2,35 1) Yearly car sales in Turkey, loan rates, min wages, euro exchange rates are given in the table. Create a forecast for 2017 using the trend-adjusted exponential smoothing. Evaluate accuracy of the forecast. You can make up the necessary data/value. Logically explain why you choose that value. Create a two forecast for 2020 using the linear regression. Forecast the sales numbers if the loan rate is 24% in 2019. Forecast the sales numbers if min wage is 2324TL and euro exchange rate is 7,86TL. Evaluate accuracy of the forecast. What would be your forecast for 2021 based on quantitative and qualitative methods? Explain. (You can use any method)
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