Description of this paper

Collect data on sales from any retail store of choosing for the last 10 months or 10 years

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Question

Question;Collect data on sales from any retail store of choosing for the last 10 months or 10 years. Predict the sale for the 11th month or 11th yr using a 3-month moving average and a 4-month moving average. Calculate the MAD for the 3-month or 3yr and 4month/yr moving average. Which of them yields the best forecast? Use spreadsheet to show your calculation

 

Paper#56573 | Written in 18-Jul-2015

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