A Discussion On Forecasting: Time Series
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The table attached presents 4 years of quarterly sales for Mary's Mongoose Menagerie. Marty wants to know what quarterly sales will be in 2002. Project quarterly sales for 2002 using trend analysis. Now, project quarterly sales for 2002. Revise quarterly sales number for season of the year.© BrainMass Inc. brainmass.com March 6, 2023, 12:43 pm ad1c9bdddf
This solution looks at using the least squares line for forecasting.