Question: Please answer Question e) using Holt's Method Problem The quarterly sales data (number of copies sold) for a college textbook over the past three years

Please answer Question e) using Holt's Method

Problem The quarterly sales data (number of copies sold) for a college textbook over the past three years are shown. Suppose we want predict quarterly sales using Holt's Method using the previous one year data. What is the forecast sales for year 4 quarter 1 ? Use =0.35,=0.25. Suppose the actual sales for year 4 quarter turns out to be 1750 . What is the forecast for quarter 2?(5+5=10 marks) Suppose we want to use Trend Projection Method to make forecast for each season. Using the entire 3 year data, determine the forecast for quarter 1 and quarter 2 of year 4. Use Excel Regression Tool to solve this problem. Make a printout of your Excel Output to include with the assignment

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