Question: Month Sales 1 242 2 235 3 232 4 178 5 184 6 140 7 145 8 152 9 110 10 130 11 152 12

Month Sales
1 242
2 235
3 232
4 178
5 184
6 140
7 145
8 152
9 110
10 130
11 152
12 206
13 263
14 238
15 247
16 193
17 193
18 149
19 157
20 161
21 122
22 130
23 167
24 230
25 282
26 255
27 265
28 205
29 210
30 160
31 166
32 174
33 126
34 148
35 173
36 235

Assume that January sales for the fourth year turn out to be $295,000. a. What was your forecast error? b. If this error is large, Karen may be puzzled about the difference between your forecast and the actual sales value. What can you do to resolve her uncertainty about the forecasting procedure?

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