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Moving Averages. Use the below actual sales to calculate a three-year average which will be used as the forecast for next periods Exponential Smoothing. Use
- Moving Averages. Use the below actual sales to calculate a three-year average which will be used as the forecast for next periods
- Exponential Smoothing. Use the same data to forecast sales for the next periods with =.40
- Regression Analysis on Excel. Draw a scatter graph from Insert/Graph/Scatter graph selections in Excel
Month
Actual Sales
1
3050
2
2980
3
3670
4
2910
5
3340
6
4060
7
4750
8
5510
9
5280
10
5504
11
5810
12
6100
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