Extrapolate the trend?
beavis182
Registered Posts: 130 Dedicated contributor 🦉
Just doing a question on the above budgeting topic and am alittle confused, specially as my osborne book doesnt really cover what extrapolate means.
Basically i have a sales forcast for 9 months of the year and the seasonal variation in given as well. ie. January sales forecast of 80 and a seasonal variation of 40. I am assuming the trend for each month would be the difference between the forecast and the seasonal variation. The last 3 months of the year are blank except the seasonal variations.
The question im stuck on is just "extrapolate the trend"... what does this mean? Just predict the last 3 months trend figures? I can see that every month the trend goes up by 2.5 units.
Cant any one shed some light please??
Basically i have a sales forcast for 9 months of the year and the seasonal variation in given as well. ie. January sales forecast of 80 and a seasonal variation of 40. I am assuming the trend for each month would be the difference between the forecast and the seasonal variation. The last 3 months of the year are blank except the seasonal variations.
The question im stuck on is just "extrapolate the trend"... what does this mean? Just predict the last 3 months trend figures? I can see that every month the trend goes up by 2.5 units.
Cant any one shed some light please??
0
Comments

Extrapolate:
"calculate an amount, based on other calculations. maths to calculate an amount that you do not know by basing your calculations on amounts that you already know"
so yes, I would say you are to calculate the last 3 months of the year, based on the figures you are given.0
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