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Monthly sales data Month Sales Jan - 2 1 8 1 9 Feb - 2 1 8 3 9 Mar - 2 1 1 3
Monthly sales data
Month Sales
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Case:
Use the monthly sales data in Case to answer the following questions. Calculate to three decimal places
a Plot the data.
b Explain why the seasonal with trend model is appropriate for forecasting.
cWhat is the forecast for June using the seasonal with trend model?
d Prepare a line graph to compare the forecast to the original data.
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