Question: Need the solution for part 5 linear trend equation! Problem 3-2 (Algo) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month

Need the solution for part 5 linear trend equation! Need the solution for part 5 linear trend
Need the solution for part 5 linear trend
Need the solution for part 5 linear trend
Problem 3-2 (Algo) National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Feb Mar. Apr. May. Jun. Jul. Aug. Sales (000) Units 17 20 14 22 21 25 29 Click here for the Excel Data File a. Forecast September sales volume using each of the following: (1) The naive approach. Naive approach 29 thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average 22.50 thousands (3) A weighted average using 0.55 for August, 0.20 for July, and 0.25 for June (Round your answer to 2 decimal places.) Weighted average 26 20 thousands (4) Exponential smoothing with a smoothing constant equal to 0.10, assuming a March forecast of 15(000). (Round your intermediate forecast values and final answer to 2 decimal places.) Forecast 18.52 thousands (5) A linear trend equation. (Round your intermediate calculations and final answer to 2 decimal places.) Y1 23.03 thousands

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