The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from
Question:
The following data are the monthly profit margins, in dollars per gallon, for an ethanol marketer from January 2005 through December 2006.
0.5, 0.7, 0.8, 1.0, 1.0, 0.9, 1.1, 1.4, 1.5, 1.4, 0.7, 0.8, 0.8, 0.7, 1.1, 1.5, 1.7, 1.5, 1.6, 1.9, 2.1, 2.4, 2.6, 1.4
Construct a forecasting model for these data and forecast the profit margin for January 2007.
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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