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Solution Library
Sales Forecast Using Simple Moving Average
Question
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Year |
|
1988 |
1989 |
|
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
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Sales |
|
328 |
463 |
|
543 |
481 |
514 |
687 |
839 |
861 |
1145 |
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Year |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
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2003 |
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2004 |
2005 |
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Sales |
1071 |
1271 |
1288 |
1353 |
1591 |
1485 |
|
1625 |
|
1807 |
1713 |
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Year |
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2006 |
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2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
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Sales |
|
1920 |
|
2135 |
2053 |
2137 |
2383 |
2390 |
2540 |
2783 |
2900 |
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Use simple moving average (with k = 4) to forecast sales for 1992 to 2015.
Summary
This question belongs to statistics and discusses about simple linear regression.
Word count: NA
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