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Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. Month Jan Feb Mar Apr Sales
Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table.
Month
Jan
Feb
Mar
Apr
Sales
Part
a Based on the given monthly sales data, it can be said that there is
not a strong
linear trend in sales over time.
Part
b First, coowner Bob Day wants to forecast by exponential smoothing by initially setting February's forecast equal to January's sales with Using the forecasting method, Bob's forecast for the month of May is round your response to two decimal places:
Month
Sales
Forecast
Jan
Feb
Mar
Apr
May
enter your response here
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