For this data;

i) calculate a four quarterly moving average of the above series. ii) Calculate the demand corrected for seasonal movements. iii) Calculate the trend component of this series. iv) By using part (ii) and (iii) compute the forecasts for each quarter for all the years. v) what are the forecasts for each quarter in 2011? vi) plot original demand,demand corrected for seasonal movements and the trend component of this series on the same graph; vii) Comment on the findings.

QUESTION TWO The following data represents the demand for Freezits in thousands for the years 2006, 2007, 2008 and 2009 with their respective quarters. QUARTER QUARTER QUARTER QUARTER 1 2 3 4 YEAR 2006 4.8 4.1 6 6.5 2007 5.8 5.2 6.8 7.4. 2008 6 5.6 7.8 7.5 2009 6.3 5.9 8.4 8