RSI RSI RSI RSI RSI RSI RSI "GBA_Q2_InputFile" Year-Mont Industry 1989-1 Furniture & Household Equipmen 1989-2 Furniture & Household Equipmen 1989-3 Furniture & Household Equipmen 1989-4 Furniture & Household Equipmen 1989-5 Furniture & Household Equipmen 1989-6 Furniture & Household Equipmen 1989-7 Furniture & Household Equipmen 1989-8 Furniture & Household Equipmen 1989-9 Furniture & Household Equipmen 1989-10 Furniture & Household Equipmen 1989-11 Furniture & Household Equipmen 1989-12 Furniture & Household Equipmen 1990-1 Furniture & Household Equipmen 1990-2 Furniture & Household Equipmen 1990-3 Furniture & Household Equipmen 1990-4 Furniture & Household Equipmen 1990-5 Furniture & Household Equipmen 1990-6 Furniture & Household Equipmen 1990-7 Furniture & Household Equipmen 1990-8 Furniture & Household Equipmen 1990-9 Furniture & Household Equipmen 1990-10 Furniture & Household Equipmen 1990-11 Furniture & Household Equipmen 1990-12 Furniture & Household Equipmen 1991-1 Furniture & Household Equipmen 1991-2 Furniture & Household Equipmen 1991-3 Furniture & Household Equipmen 1991-4 Furniture & Household Equipmen 1991-5 Furniture & Household Equipmen 1991-6 Furniture & Household Equipmen 1991-7 Furniture & Household Equipmen 1991-8 Furniture & Household Equipmen 1991-9 Furniture & Household Equipmen 1991-10 Furniture & Household Equipmen 1991-11 Furniture & Household Equipmen 1991-12 Furniture & Household Equipmen 1992-1 Furniture & Household Equipmen 1992-2 Furniture & Household Equipmen 1992-3 Furniture & Household Equipmen 1992-4 Furniture & Household Equipmen 1992-5 Furniture & Household Equipmen 1992-6 Furniture & Household Equipmen 1992-7 Furniture & Household Equipmen 1992-8 Furniture & Household Equipmen 1992-9 Furniture & Household Equipmen 1992-10 Furniture & Household Equipmen 1992-11 Furniture & Household Equipmen 1992-12 Furniture & Household Equipmen 1993-1 Furniture & Household Equipmen 1993-2 Furniture & Household Equipmen 1993-3 Furniture & Household Equipmen 1993-4 Furniture & Household Equipmen 1993-5 Furniture & Household Equipmen 1993-6 Furniture & Household Equipmen 1993-7 Furniture & Household Equipmen 1993-8 Furniture & Household Equipmen 1993-9 Furniture & Household Equipmen Sheet1 54.5 44.1 43.8 42.7 48.5 40.9 36.9 33.8 35.2 33.9 37.3 45.7 43.4 36.1 35.1 30.2 34.1 35.1 32.6 25 29 34.4 29.2 36 35.9 33.8 36.1 33.3 35.7 38.9 35.2 37.2 34.5 36.8 37.2 40.3 38.2 31.7 36.3 36.8 36.6 35.4 35.9 37.1 37.2 37.9 37 43.2 39.3 28.8 38.3 37.8 37.9 35.7 35.7 41.9 36.1 Year-Mo Industry 1993-10 Furniture & Household Equipmen 1993-11 Furniture & Household Equipmen 1993-12 Furniture & Household Equipmen 1994-1 Furniture & Household Equipmen 1994-2 Furniture & Household Equipmen 1994-3 Furniture & Household Equipmen 1994-4 Furniture & Household Equipmen 1994-5 Furniture & Household Equipmen 1994-6 Furniture & Household Equipmen 1994-7 Furniture & Household Equipmen 1994-8 Furniture & Household Equipmen 1994-9 Furniture & Household Equipmen 1994-10 Furniture & Household Equipmen 1994-11 Furniture & Household Equipmen 1994-12 Furniture & Household Equipmen 1995-1 Furniture & Household Equipmen 1995-2 Furniture & Household Equipmen 1995-3 Furniture & Household Equipmen 1995-4 Furniture & Household Equipmen 1995-5 Furniture & Household Equipmen 1995-6 Furniture & Household Equipmen 1995-7 Furniture & Household Equipmen 1995-8 Furniture & Household Equipmen 1995-9 Furniture & Household Equipmen 1995-10 Furniture & Household Equipmen 1995-11 Furniture & Household Equipmen 1995-12 Furniture & Household Equipmen 1996-1 Furniture & Household Equipmen 1996-2 Furniture & Household Equipmen 1996-3 Furniture & Household Equipmen 1996-4 Furniture & Household Equipmen 1996-5 Furniture & Household Equipmen 1996-6 Furniture & Household Equipmen 1996-7 Furniture & Household Equipmen 1996-8 Furniture & Household Equipmen 1996-9 Furniture & Household Equipmen 1996-10 Furniture & Household Equipmen 1996-11 Furniture & Household Equipmen 1996-12 Furniture & Household Equipmen 1997-1 Furniture & Household Equipmen 1997-2 Furniture & Household Equipmen 1997-3 Furniture & Household Equipmen 1997-4 Furniture & Household Equipmen 1997-5 Furniture & Household Equipmen 1997-6 Furniture & Household Equipmen 1997-7 Furniture & Household Equipmen 1997-8 Furniture & Household Equipmen 1997-9 Furniture & Household Equipmen 1997-10 Furniture & Household Equipmen 1997-11 Furniture & Household Equipmen 1997-12 Furniture & Household Equipmen 1998-1 Furniture & Household Equipmen 1998-2 Furniture & Household Equipmen 1998-3 Furniture & Household Equipmen 1998-4 Furniture & Household Equipmen 1998-5 Furniture & Household Equipmen 1998-6 Furniture & Household Equipmen 37.6 49.5 55.3 44.3 38.1 40.9 40.6 42 37.4 39.1 39.5 39.3 43.1 43.2 60.2 49.1 35.9 42.6 43.4 45.6 43.6 43.8 41 41.6 47.3 46.4 57.3 54.8 39.8 49.6 45.9 40.9 42.9 42.7 41.3 45.6 44 45.6 52 49.5 40.3 50.1 38.6 44.1 40.2 47.2 44.9 44.1 49 47.9 64.9 62.2 45.7 71 32.8 34 39.8 Year-Mo Industry 1998-7 Furniture & Household Equipmen 1998-8 Furniture & Household Equipmen 1998-9 Furniture & Household Equipmen 1998-10 Furniture & Household Equipmen 1998-11 Furniture & Household Equipmen 1998-12 Furniture & Household Equipmen 1999-1 Furniture & Household Equipmen 1999-2 Furniture & Household Equipmen 1999-3 Furniture & Household Equipmen 1999-4 Furniture & Household Equipmen 1999-5 Furniture & Household Equipmen 1999-6 Furniture & Household Equipmen 1999-8 Furniture & Household Equipmen 1999-9 Furniture & Household Equipmen 1999-10 Furniture & Household Equipmen 1999-11 Furniture & Household Equipmen 1999-12 Furniture & Household Equipmen 2000-1 Furniture & Household Equipmen 2000-2 Furniture & Household Equipmen 2000-3 Furniture & Household Equipmen 2000-4 Furniture & Household Equipmen 2000-5 Furniture & Household Equipmen 2000-6 Furniture & Household Equipmen 2000-7 Furniture & Household Equipmen 2000-8 Furniture & Household Equipmen 2000-9 Furniture & Household Equipmen 2000-10 Furniture & Household Equipmen 2000-11 Furniture & Household Equipmen 2000-12 Furniture & Household Equipmen 2001-1 Furniture & Household Equipmen 2001-2 Furniture & Household Equipmen 2001-3 Furniture & Household Equipmen 2001-4 Furniture & Household Equipmen 2001-5 Furniture & Household Equipmen 2001-6 Furniture & Household Equipmen 2001-7 Furniture & Household Equipmen 2001-8 Furniture & Household Equipmen 2001-9 Furniture & Household Equipmen 2001-10 Furniture & Household Equipmen 2001-11 Furniture & Household Equipmen 2001-12 Furniture & Household Equipmen 2002-1 Furniture & Household Equipmen 2002-2 Furniture & Household Equipmen 2002-3 Furniture & Household Equipmen 2002-4 Furniture & Household Equipmen 2002-5 Furniture & Household Equipmen 2002-6 Furniture & Household Equipmen 2002-7 Furniture & Household Equipmen 2002-8 Furniture & Household Equipmen 2002-9 Furniture & Household Equipmen 2002-10 Furniture & Household Equipmen 2002-11 Furniture & Household Equipmen 2002-12 Furniture & Household Equipmen 2003-1 Furniture & Household Equipmen 2003-2 Furniture & Household Equipmen 2003-3 Furniture & Household Equipmen 2003-4 Furniture & Household Equipmen 41.1 37.7 43.9 46 40.1 56.4 56.9 40.9 47.2 36.9 44.3 47.9 45.6 47.1 46.1 50.4 65.6 63.9 48.6 47.4 44.8 49.3 51.7 54.3 45.7 52.2 50.6 61.5 75 76.5 45.6 53.7 48.4 53.8 64.8 58.9 53.8 56.1 56.6 65.2 73.7 75.4 48.7 57.7 51.5 59 55.7 56.6 54.9 50.9 54.7 59.6 81.5 81.5 54.4 55.6 56.6 Year-Mo Industry 2003-5 Furniture & Household Equipmen 2003-6 Furniture & Household Equipmen 2003-7 Furniture & Household Equipmen 2003-8 Furniture & Household Equipmen & 2003-9 Furniture & Household Equipmen 2003-10 Furniture & Household Equipmen 2003-11 Furniture & Household Equipmen 2003-12 Furniture & Household Equipmen 2004-1 Furniture & Household Equipmen 2004-2 Furniture & Household Equipmen 2004-3 Furniture & Household Equipmen 2004-4 Furniture & Household Equipmen 2004-5 Furniture & Household Equipmen 2004-6 Furniture & Household Equipmen 2004-7 Furniture & Household Equipmen 2004-8 Furniture & Household Equipmen 2004-9 Furniture & Household Equipmen 2004-10 Furniture & Household Equipmen 2004-11 Furniture & Household Equipmen 2004-12 Furniture & Household Equipmen 2005-1 Furniture & Household Equipmen 2005-2 Furniture & Household Equipmen 2005-3 Furniture & Household Equipmen 2005-4 Furniture & Household Equipmen 2005-5 Furniture & Household Equipmen 2005-6 Furniture & Household Equipmen 2005-7 Furniture & Household Equipmen 2005-8 Furniture & Household Equipmen 2005-9 Furniture & Household Equipmen 2005-10 Furniture & Household Equipmen 2005-11 Furniture & Household Equipmen 2005-12 Furniture & Household Equipmen 2006-1 Furniture & Household Equipmen 2006-2 Furniture & Household Equipmen 2006-3 Furniture & Household Equipmen 2006-4 Furniture & Household Equipmen 2006-5 Furniture & Household Equipmen 2006-6 Furniture & Household Equipmen 2006-7 Furniture & Household Equipmen 2006-8 Furniture & Household Equipmen 2006-9 Furniture & Household Equipmen 2006-10 Furniture & Household Equipmen 2006-11 Furniture & Household Equipmen 2006-12 Furniture & Household Equipmen 2007-1 Furniture & Household Equipmen 2007-2 Furniture & Household Equipmen 2007-3 Furniture & Household Equipmen 2007-4 Furniture & Household Equipmen 2007-5 Furniture & Household Equipmen 2007-6 Furniture & Household Equipmen 2007-7 Furniture & Household Equipmen 2007-8 Furniture & Household Equipmen 2007-9 Furniture & Household Equipmen 2007-10 Furniture & Household Equipmen 2007-11 Furniture & Household Equipmen 2007-12 Furniture & Household Equipmen 2008-1 Furniture & Household Equipmen 59.2 64.9 69.2 59.3 62.2 65 67.1 82.3 87.7 56.4 68.5 63.3 63.6 65.8 73.4 60.4 64.7 69 72.6 91.3 72.3 54.4 59.4 57.9 61.1 64.4 66.3 62.9 60.1 63.3 76.1 90.9 80.6 55.9 65.4 61.7 65 65.8 74.9 62.5 62.5 69.5 81.2 96.1 75.4 52 61 60 61.2 63.3 62.5 61.5 58.6 68.5 75.8 95.1 76.3 Year-Mo Industry 2008-2 Furniture & Household Equipmen 2008-3 Furniture & Household Equipmen 2008-4 Furniture & Household Equipmen 2008-5 Furniture & Household Equipmen 2008-6 Furniture & Household Equipmen 2008-7 Furniture & Household Equipmen 2008-8 Furniture & Household Equipmen 2008-9 Furniture & Household Equipmen & 2008-10 Furniture & Household Equipmen 2008-11 Furniture & Household Equipmen 2008-12 Furniture & Household Equipmen 2009-1 Furniture & Household Equipmen 2009-2 Furniture & Household Equipmen 2009-3 Furniture & Household Equipmen 2009.4 Furniture & Household Equipmen 2009-5 Furniture & Household Equipmen 2009-6 Furniture & Household Equipmen 2009-7 Furniture & Household Equipmen 2009-8 Furniture & Household Equipmen 2009-9 Furniture & Household Equipmen 2009-10 Furniture & Household Equipmen 2009-11 Furniture & Household Equipmen 2009-12 Furniture & Household Equipmen 2010-1 Furniture & Household Equipmen 2010-2 Furniture & Household Equipmen 2010-2 Furniture & Household Equipmen 2010-3 Furniture & Household Equipmen 2010-4 Furniture & Household Equipmen 2010-5 Furniture & Household Equipmen 2010-6 Furniture & Household Equipmen 2010-7 Furniture & Household Equipmen 2010-8 Furniture & Household Equipmen 2010-9 Furniture & Household Equipmen 2010-10 Furniture & Household Equipmen 2010-11 Furniture & Household Equipmen 2010-12 Furniture & Household Equipmen 2011-1 Furniture & Household Equipmen 2011-2 Furniture & Household Equipmen 2011-3 Furniture & Household Equipmen 2011-4 Furniture & Household Equipmen 2011-5 Furniture & Household Equipmen 2011-6 Furniture & Household Equipmen 2011-7 Furniture & Household Equipmen 2011-8 Furniture & Household Equipmen 2011-9 Furniture & Household Equipmen 2011-10 Furniture & Household Equipmen 2011-11 Furniture & Household Equipmen 2011-12 Furniture & Household Equipmen 2012-1 Furniture & Household Equipmen 2012-2 Furniture & Household Equipmen 2012-3 Furniture & Household Equipmen 2012-4 Furniture & Household Equipmen 2012-5 Furniture & Household Equipmen 2012-6 Furniture & Household Equipmen 2012-7 Furniture & Household Equipmen 2012-8 Furniture & Household Equipmen 2012-9 Furniture & Household Equipmen 60.1 66.9 65.8 67.3 72.2 74.6 69.6 66.3 73.9 81.1 99.3 90.2 66.7 82.7 76 78.2 77.1 82.3 73.1 75.4 88.1 83.5 103.6 93.6 70.1 70.1 82.1 78.6 84.9 78.3 81.5 76.6 82.8 90.9 85.8 116.6 107.9 84.7 97.2 92.8 96.8 117.5 93.6 85.8 93.2 99.5 95.8 122.5 119.7 87.2 112.9 93.7 97.4 99 101.8 90.4 99 Year-Mo Industry 2012-10 Furniture & Household Equipmen 2012-11 Furniture & Household Equipmen 2012-12 Furniture Furniture & Household Equipmen 2013-1 Furniture & Household Equipmen & 2013-2 Furniture & Household Equipmen 2013-3 Furniture & Household Equipmen 2013-4 Furniture & Household Equipmen 2013-5 Furniture & Household Equipmen 2013-6 Furniture & Household Equipmen 2013-7 Furniture & Household Equipmen & 2013-8 Furniture Furniture & Household Equipmen 2013-9 Furniture & Household Equipmen 2013-10 Furniture & Household Equipmen 2013-11 Furniture & Household Equipmen 2013-12 Furniture & Household Equipmen 2014-1 Furniture & Household Equipmen & 2014-2 Furniture & Household Equipmen 2014-3 Furniture & Household Equipmen 2014-4 Furniture & Household Equipmen 2014-5 Furniture & Household Equipmen 2014-6 Furniture & Household Equipmen 2014-7 Furniture & Household Equipmen 2014-8 Furniture & Household Equipmen 2014-9 Furniture & Household Equipmen 2014-10 Furniture & Household Equipmen 2014-11 Furniture & Household Equipmen 2014-12 Furniture & Household Equipmen 2015-1 Furniture & Household Equipmen 2015-2 Furniture & Household Equipmen 2015-3 Furniture & Household Equipmen 2015-4 Furniture & Household Equipmen 2015-5 Furniture & Household Equipmen 2015-6 Furniture & Household Equipmen 2015-7 Furniture & Household Equipmen 2015-8 Furniture & Household Equipmen 2015-9 Furniture & Household Equipmen 2015-10 Furniture & Household Equipmen 2015-11 Furniture & Household Equipmen 2015-12 Furniture & Household Equipmen 2016-1 Furniture & Household Equipmen 2016-2 Furniture & Household Equipmen 2016-3 Furniture & Household Equipmen 2016-4 Furniture & Household Equipmen 2016-5 Furniture & Household Equipmen 2016-6 Furniture & Household Equipmen 2016-7 Furniture & Household Equipmen 2016-8 Furniture & Household Equipmen 2016-9 Furniture & Household Equipmen 2016-10 Furniture & Household Equipmen 2016-11 Furniture & Household Equipmen 2016-12 Furniture & Household Equipmen 2017-1 Furniture & Household Equipmen 2017-2 Furniture & Household Equipmen 2017-3 Furniture & Household Equipmen 2017-4 Furniture & Household Equipmen 2017-5 Furniture & Household Equipmen 2017-6 Furniture & Household Equipmen 93.4 84.9 107.1 91.1 73.2 87.6 85.5 90.2 93.9 98.7 90 97.9 90.5 92.2 110.8 110.1 76.1 97.3 95.7 98.8 100.5 103.3 102.6 101.2 99.5 104.1 127.3 119.5 82.5 102.4 96.9 104.4 103.6 107.4 105.7 99.4 105.5 103.1 129.7 117.7 93.4 110.8 100.8 106.1 108.7 109 109.8 104 107.2 106.6 132.1 120.4 87.7 103.8 98.7 95.5 105.9 Year-Mo Industry 2017-7 Furniture & Household Equipmen 2017-8 Furniture & Household Equipmen 2017-9 Furniture & Household Equipmen 2017-10 Furniture & Household Equipmen 2017-11 Furniture & Household Equipmen 2017-12 Furniture & Household Equipmen 2018-1 Furniture & Household Equipmen 2018-2 Furniture & Household Equipmen 2018-3 Furniture & Household Equipmen 2018-4 Furniture & Household Equipmen 2018-5 Furniture & Household Equipmen 2018-6 Furniture & Household Equipmen 2018-7 Furniture & Household Equipmen 2018-8 Furniture & Household Equipmen 2018-9 Furniture & Household Equipmen 2018-10 Furniture & Household Equipmen 2018-11 Furniture & Household Equipmen 2018-12 Furniture & Household Equipmen 2019-1 Furniture & Household Equipmen 2019-2 Furniture & Household Equipmen 2019-3 Furniture & Household Equipmen 2019-4 Furniture & Household Equipmen 2019-5 Furniture & Household Equipmen 2019-6 Furniture & Household Equipmen 2019-7 Furniture & Household Equipmen 2019-8 Furniture & Household Equipmen 2019-9 Furniture & Household Equipmen 2019-10 Furniture & Household Equipmen 2019-11 Furniture & Household Equipmen 2019-12 Furniture & Household Equipmen 2020-1 Furniture & Household Equipmen 2020-2 Furniture & Household Equipmen 2020-3 Furniture & Household Equipmen 2020-4 Furniture & Household Equipmen 2020-5 Furniture & Household Equipmen 2020-6 Furniture & Household Equipmen & 2020-7 Furniture & Household Equipmen 2020-8 Furniture & Household Equipmen 2020-9 Furniture & Household Equipmen 2020-10 Furniture & Household Equipmen 2020-11 Furniture & Household Equipmen 2020-12 Furniture & Household Equipmen 2021-1 Furniture & Household Equipmen 2021-2 Furniture & Household Equipmen 2021-3 Furniture & Household Equipmen 2021-4 Furniture & Household Equipmen 2021-5 Furniture & Household Equipmen 2021-6 Furniture & Household Equipmen 2021-7 Furniture & Household Equipmen 2021-8 Furniture & Household Equipmen 2021-9 Furniture & Household Equipmen 108.6 103.4 100.4 100.2 101.5 127.1 117.4 79.4 96.8 95.2 94.5 105 111.4 91.1 93.5 98.1 96.9 120.6 114.8 85.7 88.5 91.5 93.6 100.9 105.9 95 91.3 92.6 96.9 115.1 115.6 75.4 92.2 88.9 95.5 106.4 103.4 89.4 92 91.7 95.9 120.8 105.8 79.6 94.8 91.3 97.3 112.9 97.9 94.4 91.3 Question 2 The Singapore Furniture Association has engaged your team service as there is an on-going sentiment within the board that the business for furniture retailers in Singapore is declining due to the increasingly preferred way of shopping for furniture directly from overseas via online shopping platforms such as Taobao, Lazada and Shopee, where consumers can ship their furniture directly from China. Your team has been engaged to provide insights based on data. Your team is provided with the retail sales index (RSI) that the association tracks regularly. Please refer to the Excel file "GBA 02_Input File". (a) Using an appropriate forecasting method, forecast the RSI from October 2021 to June 2022. You are required to provide comments on the data, justification for the method used and the essential steps in the forecasting process. (25 marks) Note: Do provide proper and adequate in-text citations and referencing to content drawn from course materials and other credible sources. RSI RSI RSI RSI RSI RSI RSI "GBA_Q2_InputFile" Year-Mont Industry 1989-1 Furniture & Household Equipmen 1989-2 Furniture & Household Equipmen 1989-3 Furniture & Household Equipmen 1989-4 Furniture & Household Equipmen 1989-5 Furniture & Household Equipmen 1989-6 Furniture & Household Equipmen 1989-7 Furniture & Household Equipmen 1989-8 Furniture & Household Equipmen 1989-9 Furniture & Household Equipmen 1989-10 Furniture & Household Equipmen 1989-11 Furniture & Household Equipmen 1989-12 Furniture & Household Equipmen 1990-1 Furniture & Household Equipmen 1990-2 Furniture & Household Equipmen 1990-3 Furniture & Household Equipmen 1990-4 Furniture & Household Equipmen 1990-5 Furniture & Household Equipmen 1990-6 Furniture & Household Equipmen 1990-7 Furniture & Household Equipmen 1990-8 Furniture & Household Equipmen 1990-9 Furniture & Household Equipmen 1990-10 Furniture & Household Equipmen 1990-11 Furniture & Household Equipmen 1990-12 Furniture & Household Equipmen 1991-1 Furniture & Household Equipmen 1991-2 Furniture & Household Equipmen 1991-3 Furniture & Household Equipmen 1991-4 Furniture & Household Equipmen 1991-5 Furniture & Household Equipmen 1991-6 Furniture & Household Equipmen 1991-7 Furniture & Household Equipmen 1991-8 Furniture & Household Equipmen 1991-9 Furniture & Household Equipmen 1991-10 Furniture & Household Equipmen 1991-11 Furniture & Household Equipmen 1991-12 Furniture & Household Equipmen 1992-1 Furniture & Household Equipmen 1992-2 Furniture & Household Equipmen 1992-3 Furniture & Household Equipmen 1992-4 Furniture & Household Equipmen 1992-5 Furniture & Household Equipmen 1992-6 Furniture & Household Equipmen 1992-7 Furniture & Household Equipmen 1992-8 Furniture & Household Equipmen 1992-9 Furniture & Household Equipmen 1992-10 Furniture & Household Equipmen 1992-11 Furniture & Household Equipmen 1992-12 Furniture & Household Equipmen 1993-1 Furniture & Household Equipmen 1993-2 Furniture & Household Equipmen 1993-3 Furniture & Household Equipmen 1993-4 Furniture & Household Equipmen 1993-5 Furniture & Household Equipmen 1993-6 Furniture & Household Equipmen 1993-7 Furniture & Household Equipmen 1993-8 Furniture & Household Equipmen 1993-9 Furniture & Household Equipmen Sheet1 54.5 44.1 43.8 42.7 48.5 40.9 36.9 33.8 35.2 33.9 37.3 45.7 43.4 36.1 35.1 30.2 34.1 35.1 32.6 25 29 34.4 29.2 36 35.9 33.8 36.1 33.3 35.7 38.9 35.2 37.2 34.5 36.8 37.2 40.3 38.2 31.7 36.3 36.8 36.6 35.4 35.9 37.1 37.2 37.9 37 43.2 39.3 28.8 38.3 37.8 37.9 35.7 35.7 41.9 36.1 Year-Mo Industry 1993-10 Furniture & Household Equipmen 1993-11 Furniture & Household Equipmen 1993-12 Furniture & Household Equipmen 1994-1 Furniture & Household Equipmen 1994-2 Furniture & Household Equipmen 1994-3 Furniture & Household Equipmen 1994-4 Furniture & Household Equipmen 1994-5 Furniture & Household Equipmen 1994-6 Furniture & Household Equipmen 1994-7 Furniture & Household Equipmen 1994-8 Furniture & Household Equipmen 1994-9 Furniture & Household Equipmen 1994-10 Furniture & Household Equipmen 1994-11 Furniture & Household Equipmen 1994-12 Furniture & Household Equipmen 1995-1 Furniture & Household Equipmen 1995-2 Furniture & Household Equipmen 1995-3 Furniture & Household Equipmen 1995-4 Furniture & Household Equipmen 1995-5 Furniture & Household Equipmen 1995-6 Furniture & Household Equipmen 1995-7 Furniture & Household Equipmen 1995-8 Furniture & Household Equipmen 1995-9 Furniture & Household Equipmen 1995-10 Furniture & Household Equipmen 1995-11 Furniture & Household Equipmen 1995-12 Furniture & Household Equipmen 1996-1 Furniture & Household Equipmen 1996-2 Furniture & Household Equipmen 1996-3 Furniture & Household Equipmen 1996-4 Furniture & Household Equipmen 1996-5 Furniture & Household Equipmen 1996-6 Furniture & Household Equipmen 1996-7 Furniture & Household Equipmen 1996-8 Furniture & Household Equipmen 1996-9 Furniture & Household Equipmen 1996-10 Furniture & Household Equipmen 1996-11 Furniture & Household Equipmen 1996-12 Furniture & Household Equipmen 1997-1 Furniture & Household Equipmen 1997-2 Furniture & Household Equipmen 1997-3 Furniture & Household Equipmen 1997-4 Furniture & Household Equipmen 1997-5 Furniture & Household Equipmen 1997-6 Furniture & Household Equipmen 1997-7 Furniture & Household Equipmen 1997-8 Furniture & Household Equipmen 1997-9 Furniture & Household Equipmen 1997-10 Furniture & Household Equipmen 1997-11 Furniture & Household Equipmen 1997-12 Furniture & Household Equipmen 1998-1 Furniture & Household Equipmen 1998-2 Furniture & Household Equipmen 1998-3 Furniture & Household Equipmen 1998-4 Furniture & Household Equipmen 1998-5 Furniture & Household Equipmen 1998-6 Furniture & Household Equipmen 37.6 49.5 55.3 44.3 38.1 40.9 40.6 42 37.4 39.1 39.5 39.3 43.1 43.2 60.2 49.1 35.9 42.6 43.4 45.6 43.6 43.8 41 41.6 47.3 46.4 57.3 54.8 39.8 49.6 45.9 40.9 42.9 42.7 41.3 45.6 44 45.6 52 49.5 40.3 50.1 38.6 44.1 40.2 47.2 44.9 44.1 49 47.9 64.9 62.2 45.7 71 32.8 34 39.8 Year-Mo Industry 1998-7 Furniture & Household Equipmen 1998-8 Furniture & Household Equipmen 1998-9 Furniture & Household Equipmen 1998-10 Furniture & Household Equipmen 1998-11 Furniture & Household Equipmen 1998-12 Furniture & Household Equipmen 1999-1 Furniture & Household Equipmen 1999-2 Furniture & Household Equipmen 1999-3 Furniture & Household Equipmen 1999-4 Furniture & Household Equipmen 1999-5 Furniture & Household Equipmen 1999-6 Furniture & Household Equipmen 1999-8 Furniture & Household Equipmen 1999-9 Furniture & Household Equipmen 1999-10 Furniture & Household Equipmen 1999-11 Furniture & Household Equipmen 1999-12 Furniture & Household Equipmen 2000-1 Furniture & Household Equipmen 2000-2 Furniture & Household Equipmen 2000-3 Furniture & Household Equipmen 2000-4 Furniture & Household Equipmen 2000-5 Furniture & Household Equipmen 2000-6 Furniture & Household Equipmen 2000-7 Furniture & Household Equipmen 2000-8 Furniture & Household Equipmen 2000-9 Furniture & Household Equipmen 2000-10 Furniture & Household Equipmen 2000-11 Furniture & Household Equipmen 2000-12 Furniture & Household Equipmen 2001-1 Furniture & Household Equipmen 2001-2 Furniture & Household Equipmen 2001-3 Furniture & Household Equipmen 2001-4 Furniture & Household Equipmen 2001-5 Furniture & Household Equipmen 2001-6 Furniture & Household Equipmen 2001-7 Furniture & Household Equipmen 2001-8 Furniture & Household Equipmen 2001-9 Furniture & Household Equipmen 2001-10 Furniture & Household Equipmen 2001-11 Furniture & Household Equipmen 2001-12 Furniture & Household Equipmen 2002-1 Furniture & Household Equipmen 2002-2 Furniture & Household Equipmen 2002-3 Furniture & Household Equipmen 2002-4 Furniture & Household Equipmen 2002-5 Furniture & Household Equipmen 2002-6 Furniture & Household Equipmen 2002-7 Furniture & Household Equipmen 2002-8 Furniture & Household Equipmen 2002-9 Furniture & Household Equipmen 2002-10 Furniture & Household Equipmen 2002-11 Furniture & Household Equipmen 2002-12 Furniture & Household Equipmen 2003-1 Furniture & Household Equipmen 2003-2 Furniture & Household Equipmen 2003-3 Furniture & Household Equipmen 2003-4 Furniture & Household Equipmen 41.1 37.7 43.9 46 40.1 56.4 56.9 40.9 47.2 36.9 44.3 47.9 45.6 47.1 46.1 50.4 65.6 63.9 48.6 47.4 44.8 49.3 51.7 54.3 45.7 52.2 50.6 61.5 75 76.5 45.6 53.7 48.4 53.8 64.8 58.9 53.8 56.1 56.6 65.2 73.7 75.4 48.7 57.7 51.5 59 55.7 56.6 54.9 50.9 54.7 59.6 81.5 81.5 54.4 55.6 56.6 Year-Mo Industry 2003-5 Furniture & Household Equipmen 2003-6 Furniture & Household Equipmen 2003-7 Furniture & Household Equipmen 2003-8 Furniture & Household Equipmen & 2003-9 Furniture & Household Equipmen 2003-10 Furniture & Household Equipmen 2003-11 Furniture & Household Equipmen 2003-12 Furniture & Household Equipmen 2004-1 Furniture & Household Equipmen 2004-2 Furniture & Household Equipmen 2004-3 Furniture & Household Equipmen 2004-4 Furniture & Household Equipmen 2004-5 Furniture & Household Equipmen 2004-6 Furniture & Household Equipmen 2004-7 Furniture & Household Equipmen 2004-8 Furniture & Household Equipmen 2004-9 Furniture & Household Equipmen 2004-10 Furniture & Household Equipmen 2004-11 Furniture & Household Equipmen 2004-12 Furniture & Household Equipmen 2005-1 Furniture & Household Equipmen 2005-2 Furniture & Household Equipmen 2005-3 Furniture & Household Equipmen 2005-4 Furniture & Household Equipmen 2005-5 Furniture & Household Equipmen 2005-6 Furniture & Household Equipmen 2005-7 Furniture & Household Equipmen 2005-8 Furniture & Household Equipmen 2005-9 Furniture & Household Equipmen 2005-10 Furniture & Household Equipmen 2005-11 Furniture & Household Equipmen 2005-12 Furniture & Household Equipmen 2006-1 Furniture & Household Equipmen 2006-2 Furniture & Household Equipmen 2006-3 Furniture & Household Equipmen 2006-4 Furniture & Household Equipmen 2006-5 Furniture & Household Equipmen 2006-6 Furniture & Household Equipmen 2006-7 Furniture & Household Equipmen 2006-8 Furniture & Household Equipmen 2006-9 Furniture & Household Equipmen 2006-10 Furniture & Household Equipmen 2006-11 Furniture & Household Equipmen 2006-12 Furniture & Household Equipmen 2007-1 Furniture & Household Equipmen 2007-2 Furniture & Household Equipmen 2007-3 Furniture & Household Equipmen 2007-4 Furniture & Household Equipmen 2007-5 Furniture & Household Equipmen 2007-6 Furniture & Household Equipmen 2007-7 Furniture & Household Equipmen 2007-8 Furniture & Household Equipmen 2007-9 Furniture & Household Equipmen 2007-10 Furniture & Household Equipmen 2007-11 Furniture & Household Equipmen 2007-12 Furniture & Household Equipmen 2008-1 Furniture & Household Equipmen 59.2 64.9 69.2 59.3 62.2 65 67.1 82.3 87.7 56.4 68.5 63.3 63.6 65.8 73.4 60.4 64.7 69 72.6 91.3 72.3 54.4 59.4 57.9 61.1 64.4 66.3 62.9 60.1 63.3 76.1 90.9 80.6 55.9 65.4 61.7 65 65.8 74.9 62.5 62.5 69.5 81.2 96.1 75.4 52 61 60 61.2 63.3 62.5 61.5 58.6 68.5 75.8 95.1 76.3 Year-Mo Industry 2008-2 Furniture & Household Equipmen 2008-3 Furniture & Household Equipmen 2008-4 Furniture & Household Equipmen 2008-5 Furniture & Household Equipmen 2008-6 Furniture & Household Equipmen 2008-7 Furniture & Household Equipmen 2008-8 Furniture & Household Equipmen 2008-9 Furniture & Household Equipmen & 2008-10 Furniture & Household Equipmen 2008-11 Furniture & Household Equipmen 2008-12 Furniture & Household Equipmen 2009-1 Furniture & Household Equipmen 2009-2 Furniture & Household Equipmen 2009-3 Furniture & Household Equipmen 2009.4 Furniture & Household Equipmen 2009-5 Furniture & Household Equipmen 2009-6 Furniture & Household Equipmen 2009-7 Furniture & Household Equipmen 2009-8 Furniture & Household Equipmen 2009-9 Furniture & Household Equipmen 2009-10 Furniture & Household Equipmen 2009-11 Furniture & Household Equipmen 2009-12 Furniture & Household Equipmen 2010-1 Furniture & Household Equipmen 2010-2 Furniture & Household Equipmen 2010-2 Furniture & Household Equipmen 2010-3 Furniture & Household Equipmen 2010-4 Furniture & Household Equipmen 2010-5 Furniture & Household Equipmen 2010-6 Furniture & Household Equipmen 2010-7 Furniture & Household Equipmen 2010-8 Furniture & Household Equipmen 2010-9 Furniture & Household Equipmen 2010-10 Furniture & Household Equipmen 2010-11 Furniture & Household Equipmen 2010-12 Furniture & Household Equipmen 2011-1 Furniture & Household Equipmen 2011-2 Furniture & Household Equipmen 2011-3 Furniture & Household Equipmen 2011-4 Furniture & Household Equipmen 2011-5 Furniture & Household Equipmen 2011-6 Furniture & Household Equipmen 2011-7 Furniture & Household Equipmen 2011-8 Furniture & Household Equipmen 2011-9 Furniture & Household Equipmen 2011-10 Furniture & Household Equipmen 2011-11 Furniture & Household Equipmen 2011-12 Furniture & Household Equipmen 2012-1 Furniture & Household Equipmen 2012-2 Furniture & Household Equipmen 2012-3 Furniture & Household Equipmen 2012-4 Furniture & Household Equipmen 2012-5 Furniture & Household Equipmen 2012-6 Furniture & Household Equipmen 2012-7 Furniture & Household Equipmen 2012-8 Furniture & Household Equipmen 2012-9 Furniture & Household Equipmen 60.1 66.9 65.8 67.3 72.2 74.6 69.6 66.3 73.9 81.1 99.3 90.2 66.7 82.7 76 78.2 77.1 82.3 73.1 75.4 88.1 83.5 103.6 93.6 70.1 70.1 82.1 78.6 84.9 78.3 81.5 76.6 82.8 90.9 85.8 116.6 107.9 84.7 97.2 92.8 96.8 117.5 93.6 85.8 93.2 99.5 95.8 122.5 119.7 87.2 112.9 93.7 97.4 99 101.8 90.4 99 Year-Mo Industry 2012-10 Furniture & Household Equipmen 2012-11 Furniture & Household Equipmen 2012-12 Furniture Furniture & Household Equipmen 2013-1 Furniture & Household Equipmen & 2013-2 Furniture & Household Equipmen 2013-3 Furniture & Household Equipmen 2013-4 Furniture & Household Equipmen 2013-5 Furniture & Household Equipmen 2013-6 Furniture & Household Equipmen 2013-7 Furniture & Household Equipmen & 2013-8 Furniture Furniture & Household Equipmen 2013-9 Furniture & Household Equipmen 2013-10 Furniture & Household Equipmen 2013-11 Furniture & Household Equipmen 2013-12 Furniture & Household Equipmen 2014-1 Furniture & Household Equipmen & 2014-2 Furniture & Household Equipmen 2014-3 Furniture & Household Equipmen 2014-4 Furniture & Household Equipmen 2014-5 Furniture & Household Equipmen 2014-6 Furniture & Household Equipmen 2014-7 Furniture & Household Equipmen 2014-8 Furniture & Household Equipmen 2014-9 Furniture & Household Equipmen 2014-10 Furniture & Household Equipmen 2014-11 Furniture & Household Equipmen 2014-12 Furniture & Household Equipmen 2015-1 Furniture & Household Equipmen 2015-2 Furniture & Household Equipmen 2015-3 Furniture & Household Equipmen 2015-4 Furniture & Household Equipmen 2015-5 Furniture & Household Equipmen 2015-6 Furniture & Household Equipmen 2015-7 Furniture & Household Equipmen 2015-8 Furniture & Household Equipmen 2015-9 Furniture & Household Equipmen 2015-10 Furniture & Household Equipmen 2015-11 Furniture & Household Equipmen 2015-12 Furniture & Household Equipmen 2016-1 Furniture & Household Equipmen 2016-2 Furniture & Household Equipmen 2016-3 Furniture & Household Equipmen 2016-4 Furniture & Household Equipmen 2016-5 Furniture & Household Equipmen 2016-6 Furniture & Household Equipmen 2016-7 Furniture & Household Equipmen 2016-8 Furniture & Household Equipmen 2016-9 Furniture & Household Equipmen 2016-10 Furniture & Household Equipmen 2016-11 Furniture & Household Equipmen 2016-12 Furniture & Household Equipmen 2017-1 Furniture & Household Equipmen 2017-2 Furniture & Household Equipmen 2017-3 Furniture & Household Equipmen 2017-4 Furniture & Household Equipmen 2017-5 Furniture & Household Equipmen 2017-6 Furniture & Household Equipmen 93.4 84.9 107.1 91.1 73.2 87.6 85.5 90.2 93.9 98.7 90 97.9 90.5 92.2 110.8 110.1 76.1 97.3 95.7 98.8 100.5 103.3 102.6 101.2 99.5 104.1 127.3 119.5 82.5 102.4 96.9 104.4 103.6 107.4 105.7 99.4 105.5 103.1 129.7 117.7 93.4 110.8 100.8 106.1 108.7 109 109.8 104 107.2 106.6 132.1 120.4 87.7 103.8 98.7 95.5 105.9 Year-Mo Industry 2017-7 Furniture & Household Equipmen 2017-8 Furniture & Household Equipmen 2017-9 Furniture & Household Equipmen 2017-10 Furniture & Household Equipmen 2017-11 Furniture & Household Equipmen 2017-12 Furniture & Household Equipmen 2018-1 Furniture & Household Equipmen 2018-2 Furniture & Household Equipmen 2018-3 Furniture & Household Equipmen 2018-4 Furniture & Household Equipmen 2018-5 Furniture & Household Equipmen 2018-6 Furniture & Household Equipmen 2018-7 Furniture & Household Equipmen 2018-8 Furniture & Household Equipmen 2018-9 Furniture & Household Equipmen 2018-10 Furniture & Household Equipmen 2018-11 Furniture & Household Equipmen 2018-12 Furniture & Household Equipmen 2019-1 Furniture & Household Equipmen 2019-2 Furniture & Household Equipmen 2019-3 Furniture & Household Equipmen 2019-4 Furniture & Household Equipmen 2019-5 Furniture & Household Equipmen 2019-6 Furniture & Household Equipmen 2019-7 Furniture & Household Equipmen 2019-8 Furniture & Household Equipmen 2019-9 Furniture & Household Equipmen 2019-10 Furniture & Household Equipmen 2019-11 Furniture & Household Equipmen 2019-12 Furniture & Household Equipmen 2020-1 Furniture & Household Equipmen 2020-2 Furniture & Household Equipmen 2020-3 Furniture & Household Equipmen 2020-4 Furniture & Household Equipmen 2020-5 Furniture & Household Equipmen 2020-6 Furniture & Household Equipmen & 2020-7 Furniture & Household Equipmen 2020-8 Furniture & Household Equipmen 2020-9 Furniture & Household Equipmen 2020-10 Furniture & Household Equipmen 2020-11 Furniture & Household Equipmen 2020-12 Furniture & Household Equipmen 2021-1 Furniture & Household Equipmen 2021-2 Furniture & Household Equipmen 2021-3 Furniture & Household Equipmen 2021-4 Furniture & Household Equipmen 2021-5 Furniture & Household Equipmen 2021-6 Furniture & Household Equipmen 2021-7 Furniture & Household Equipmen 2021-8 Furniture & Household Equipmen 2021-9 Furniture & Household Equipmen 108.6 103.4 100.4 100.2 101.5 127.1 117.4 79.4 96.8 95.2 94.5 105 111.4 91.1 93.5 98.1 96.9 120.6 114.8 85.7 88.5 91.5 93.6 100.9 105.9 95 91.3 92.6 96.9 115.1 115.6 75.4 92.2 88.9 95.5 106.4 103.4 89.4 92 91.7 95.9 120.8 105.8 79.6 94.8 91.3 97.3 112.9 97.9 94.4 91.3 Question 2 The Singapore Furniture Association has engaged your team service as there is an on-going sentiment within the board that the business for furniture retailers in Singapore is declining due to the increasingly preferred way of shopping for furniture directly from overseas via online shopping platforms such as Taobao, Lazada and Shopee, where consumers can ship their furniture directly from China. Your team has been engaged to provide insights based on data. Your team is provided with the retail sales index (RSI) that the association tracks regularly. Please refer to the Excel file "GBA 02_Input File". (a) Using an appropriate forecasting method, forecast the RSI from October 2021 to June 2022. You are required to provide comments on the data, justification for the method used and the essential steps in the forecasting process. (25 marks) Note: Do provide proper and adequate in-text citations and referencing to content drawn from course materials and other credible sources