Question: NOTE: SHOW FORMULA IN EXCEL Consider the data in the table below for monthly cereal sales ($000) Input these data into an Excel spreadsheet and

NOTE: SHOW FORMULA IN EXCEL Consider the data in the table below for monthly cereal sales ($000)

NOTE: SHOW FORMULA IN EXCEL Consider the data in Input these data into an Excel spreadsheet and do the following: a. Calculate a four-month moving average forecast. What is your forecast for month 13? b. Use exponential smoothing with a smoothing factor of 0.30 to calculate the forecast for month 13. c. Fit a simple regression model to the data above. What is your forecast for month 13? What is the simple regression equation?

Month January February March April May June July August September October November December Sales ($000) $ 1,212 1,321 1,278 1,341 1,257 1,287 1,189 1,111 1,145 1,150 1,298 1,331

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