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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
| 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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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
