Question

The following table shows the past two years of quarterly sales information. Assume that there are both trend and seasonal factors and that the seasonal cycle is one year. QUARTER SALES 165 197 156 140 215 238 210 176 Use time series decomposition to forecast quarterly sales for the next year. (Do not round intermediate calculations. Round your answers to the nearest whole number) Quarter Forecast 10 12

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Answer #1

Forecast for

Quarter 9 = 224

Quarter 10 = 256

Quarter 11 = 214

Quarter 12 = 184

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