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Total points 125. Submit through D2L in Word/Excel format, single or multiple files. Must show all Excel work, answer all parts of the question, and

Total points 125. Submit through D2L in Word/Excel format, single or multiple files. Must show all Excel work, answer all parts of the question, and write necessary explanations to earn full points. You have to use Excel to solve this numerical problem (project).

The following table gives monthly data for four years in million tons of consumption of ice cream in a country. Plot the series and comment on the visible seasonality and trend. Estimate the centered moving averages for this monthly series. Plot CMA and comment. Next, estimate the S,I component which only includes seasonal and irregular movements of the series. Then find the seasonal indexes for the twelve months removing the irregular component. Find the de-seasonalized levels for the series. Plot De-seasonalized Y and comment. Then estimate the trend values for the four sample years and the 12 months of the year 2019 (beyond the sample years) using linear regression. Finally, make the forecast for the 12 months of 2015 using the Ratio-to-Moving Average method to capture the Trend and Seasonal patterns, using Excel. Plot the forecasted values for the 60 periods including 12 months of the year 2019. Plot the errors for in-sample periods and calculate RMSE. Comment on the error plot with respect to the existence of pattern or lack of visible pattern.

Month/Year 2015 2016 2017 2018
Jan 800 860 1110 1290
Feb 810 870 1120 1330
Mar 840 900 1160 1360
Apr 900 1050 1230 1470
May 1000 1170 1340 1620
Jun 1100 1300 1450 1780
Jul 1160 1380 1530 1870
Aug 1100 1310 1450 1770
Sep 1050 1250 1390 1720
Oct 1010 1200 1350 1635
Nov 850 1050 1220 1400
Dec 830 1020 1170 1370

(Hint: First, you have to type the data in column form in Excel)

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