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Solve the question provided in the Excel file. Please show the work so I can better understand. See the data below. Is this data stationary
Solve the question provided in the Excel file. Please show the work so I can better understand. See the data below.
- Is this data stationary or non-stationary?
- Forecast the sale amount for the first quarter of 2012 using a moving average model.
- Forecast the sale amount for the first quarter of 2012 using a weighted moving average model.
- Forecast the sales amount for the first quarter of 2012 using the trend analysis.
- Which model would you recommend using to forecast the sales amount for the first quarter of 2012? Why?
- If you were asked to forecast the sales for the fourth quarter of 2012, which model would you use?
- What is the forecasted sales amount for the fourth quarter of 2012?
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