Forecasting techniques
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emanneh
Registered Posts: 11 New contributor 🐸
Question
This year's sales are £1,500,000. Analysis of recent years shows:
- a growth trend of 3% per month
- seasonal variation from the trend of
Quarter1 -£50,000
Quarter2 +£10,000
Quarter3 +£75,000
Quarter4 -£35,000
Forecast the sales for each quarter of next year.
This year's sales are £1,500,000. Analysis of recent years shows:
- a growth trend of 3% per month
- seasonal variation from the trend of
Quarter1 -£50,000
Quarter2 +£10,000
Quarter3 +£75,000
Quarter4 -£35,000
Forecast the sales for each quarter of next year.
0
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