Question: ***Please use Excel*** The data given below is the quarterly exports for a company. Use Excel to answer the following questions based on the data:
***Please use Excel***
The data given below is the quarterly exports for a company. Use Excel to answer the following questions based on the data:
- Make a time plot of the data. What are your observations of the data based on the time plot?
- Use the classical multiplicative decomposition model we went over in class to estimate the trend (use 4-MA), the seasonal indices, and then the forecast for the seventh year.
| Year | Quarter | Sales (000) |
| 1 | 1 | 480 |
|
| 2 | 520 |
|
| 3 | 300 |
|
| 4 | 280 |
| 2 | 1 | 520 |
|
| 2 | 540 |
|
| 3 | 330 |
|
| 4 | 280 |
| 3 | 1 | 540 |
|
| 2 | 560 |
|
| 3 | 330 |
|
| 4 | 300 |
| 4 | 1 | 544 |
|
| 2 | 582 |
|
| 3 | 340 |
|
| 4 | 310 |
| 5 | 1 | 628 |
|
| 2 | 707 |
|
| 3 | 370 |
|
| 4 | 350 |
| 6 | 1 | 627 |
|
| 2 | 725 |
|
| 3 | 350 |
|
| 4 | 340 |
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