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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

  1. Moving Averages. Use the below actual sales to calculate a three-year average which will be used as the forecast for next periods
  2. Exponential Smoothing. Use the same data to forecast sales for the next periods with =.40
  3. 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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