Question: Prepare Paul Jordans report to John Smithers using quantitative forecasting techniques ( exponential smoothing and linear regression) . Remember to factor in both trend and
Prepare Paul Jordans report to John Smithers using quantitative forecasting techniques ( exponential smoothing and linear regression) . Remember to factor in both trend and seasonality patterns from the data to make the forecast more accurate. Can you evaluate the forecast accuracy using one or more of the methods (e.g. MFE, MAD) ?
| Cases | Cases | Cases | Cases |
| Year | Year 1 | Year 2 | Year 3 |
| January | 480 | 575 | 608 |
| February | 436 | 527 | 597 |
| March | 482 | 540 | 612 |
| April | 448 | 502 | 603 |
| May | 458 | 508 | 628 |
| June | 489 | 573 | 605 |
| July | 498 | 508 | 627 |
| August | 430 | 498 | 578 |
| September | 444 | 485 | 585 |
| October | 496 | 526 | 581 |
| November | 487 | 552 | 632 |
| December | 525 | 587 | 656 |
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