Question
Sales manager wishing to predict the future sales. Use Sales Data to perform the following: Provide your comments on the sales trend. Provide your comments
Sales manager wishing to predict the future sales.
Use Sales Data to perform the following:
Provide your comments on the sales trend.
Provide your comments on the sales seasonality.
Provide your comments on the obtained accuracy model.
Predict the upcoming 3 quarter sales.
| Quarter | Sales |
| 1 | 45,000 |
| 2 | 40,000 |
| 3 | 55,000 |
| 4 | 85,000 |
| 5 | 80,000 |
| 6 | 110,000 |
| 7 | 125,000 |
| 8 | 115,000 |
| 9 | 155,000 |
| 10 | 160,000 |
| 11 | 185,000 |
| 12 | 175,000 |
| 13 | 210,000 |
| 14 | 230,000 |
| 15 | 255,000 |
| 16 | 245,000 |
| 17 | 265,000 |
| 18 | 275,000 |
Step by Step Solution
3.46 Rating (153 Votes )
There are 3 Steps involved in it
Step: 1
To analyze the provided sales data lets first plot the sales trend and examine any potential seasona...
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
