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  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by LMR1006.
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  • February 13, 2024 at 4:25 pm #700232
    Anonymous
    Inactive
    • Topics: 53
    • Replies: 46
    • ☆☆

    For some quarterly sales data, the trend has been calculated as increasing by 6 each quarter and the average seasonal variation for the 3rd quarter as -22.5. The most recent data available is for the second quarter of Year 3 when sales were 370 units, and a centred moving average or the fourth quarter of Year 2 was 330.625 units.

    Using the additive model, what are predicted sales for the third quarter of Year 3?

    February 13, 2024 at 9:16 pm #700249
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1517
    • ☆☆☆☆☆

    From qtr 8(qtr 4 period 2) to qtr 11(qtr 3 period 3) so that’s 3 changes

    Start with 330.625 + (3 periods * 6) = 348.625 + sv -22.5 = 326.125

    Have you watched our lectures on time series?

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