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Probability prediction of sales

The following are sales for the last eight periods:

Period Sales

1 750
2 820
3 600
4 850
5 900
6 700
7 800
8 875

Using a 4-month moving average, what would be your prediction for period 9?

Solution Preview

1. The following are the actual sales for the last eight periods:

Period Sales

1 750
2 ...

Solution Summary

This solution calculates a prediction of upcoming sales based on past data.

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