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Question 6 (7 marks) Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020. Year Sales ($

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Question 6 (7 marks) Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020. Year Sales ($ 000) 2015 4500 2016 5100 2017 4900 2018 5400 2019 5670 2020 6000 You are required to; a. Using linear trend equation forecast the sales revenue of Anita Limited for 2021. (5 marks) ANSWER: b. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights: 2018 (0.1), 2019 (0.3) and 2020(0.6). (2 marks)

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