identify a company or business in any industry or sector within the English Speaking Caribbean. Extract a data series relative to one variable of interest( sales, revenue, expenses, production, interest rates, loans, etc) covering at least thirty(30) periods or observable values.

• Calculate a forecast of the variable of interest for the next budget cycle or financial year using the following forecast techniques;
  • 1. Moving average( weighted and unweighted
  • 2. Exponential smoothing
  • 3. Trend line

Answer rating: 100% (QA)

Ans A random variable is a variable whose value is unknown or a function that assigns values to each of an experiments outcomes Transitions from tempo... View the full answer