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Trend projection and seasonal factors to simulate sales

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A firm uses trend projection and seasonal factors to simulate sales for a given time period. It assigns "0" if sales fall, "1" if sales are steady, "2" if sales rise moderately and "3" if sales rise a lot. The simulator generates the following output.

0,1,0,2,2,0,0,1,2,3,2,0,2,0,2,2,1,2,3,1,2,2,2,0,3,0,0,2,1,2,1

Estimate the probability that sales will remain steady.

Solution Summary

Trend projection and seasonal factors to simulate sales are examined.

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