Question: Case Study # 2 is intended to test your knowledge of how to run and interpret the results of a trend regression model. HeathCo is
Case Study # is intended to test your knowledge of how to run and interpret the results of a trend regression model.
HeathCo is a manufacturing company that produces a line of skiwear that is sold under various brand names. The Product Manager of HeathCo has contracted with you to develop a model to forecast company sales. You will be supplied with quarterly sales data from through They want a model that will allow them to forecast sales one year four quarters out.
Develop and interpret models using the methods below. Use the data from the years to to develop models. Evaluate the fit of your models to the data series used to create the model. Reserve data as a holdout to evaluate the accuracy of your models.
Trend Regression
Submit both the InstructionsAnswer sheet, your detailed forecasting model runs, and summary report of your findings in APA Format with three references from academic journals from the past years. You will submit a single Excel workbook with all relevant sheets. The first sheet in your workbook will be an answer sheet with clearly labeled answers to all questions and a guide to sheets where supporting Excel information can be found.
Submit the following three documents:
Completed InstructionsAnswer sheet
Excel workbook showing forecasting models and formulas used for calculations
A summary report of your findings in APA Format see attached template document for instructions
Resources:
Below is the data file and the InstructionsAnswer sheet for the case study.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
