Question: A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years: table [ [ Year
A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years:
tableYearSales :
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a Using an appropriate model, forecast textbook sales fr each of the next five years. Round your intermediate calculations to decimal places and final answers to decimal places.
tableYearForecast
b Compute control limits for the control chart for forecast errors using just data from the original nine periods. Round your intermediate calculations to decimal places and final answer to decimal places.
Control limits are
c Suppose actual sales for the next five years turn out as follows:
tableYearSales :
Is the forecast performing adequately?
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