Question: please show work! The following is the demand data for fertilizers ('000 tons) in Springfield market. Forecast the demand for October, November, and December using
please show work!
The following is the demand data for fertilizers ('000 tons) in Springfield market. Forecast the demand for October, November, and December using the following estimate trend equation: Month Feb March April | May June July August Sep Demand 44 50 55 Jan 52 54 55 60 56 62 Y = a + b X, where Y is monthly sales; X is trend value for each of the forecast month; a = 45.47; b=1.75
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