Question: Problem 5 ( 2 0 Points ) The ChatCamp Outdoor Company is a catalog sales operation that specializes in outdoor recreational clothing. Demand for its
Problem Points
The ChatCamp Outdoor Company is a catalog sales operation that specializes in outdoor recreational
clothing. Demand for its items is very seasonal, peaking during the Christmas season and
during the spring. It has accumulated the following data for orders per season quarter during the
past years:
a Calculate the overall average demad.
b Calculate the average demad per quarter in the space given in the above table.
c Calculate the seasonal index in the space given in the above table.
d Develop a linear trend line simple linear regression line forecast for each of the four seasons season for year
Create a separate table as we did in the Chapter Assessment, then find the intercept and the slope of the trend line.
Intercept
Time Slope
Forecast using trend only
e Draw a timeseries plot with original data and the trend line.
f Calculate he Mean Squared Error MSE for the trendlineonly forca MSE
g Projection for quarters through of year using trend and seasonal index. Please Show steps in EXCEL!
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