p6-6

Project Description:

you have the following data for the past 12 months of sales for the prq corporation (in thousands of dollars)
january 500
february 520
march 520
april 510
may 530
june 580
juy 610
august 620
september 580
october 550
november 510
december 480

a) calculate a 3-month centered moving average.
b) use this moving average to forcast sales for january of the next year.
c) if, you were asked to forcast january and february sales for the next year, would you be confident of your forcast using the preceding moving averages? why or why not?
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