Question: 4 . An electrical contractor's records during the last five weeks indicate the number of job requests: Week 1 2 0 2 3 4 5
An electrical contractor's records during the last five weeks indicate the number of job requests:
Week
Requests
Predict the number of requests for week using each of these methods:
a Naive
b A fourperiod moving average
c Exponential smoothing with a ; use for week forecast
A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream.
F
where
F Annual sales bottles
I is in years
a Are annual sales increasing or decreasing? By how much?
b Predict annual sales for year using the equation.
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