The file Freezer from January 2012 to December 2014 contains the number (in thousands) of freezer shipments

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The file Freezer from January 2012 to December 2014 contains the number (in thousands) of freezer shipments in the United States from January 2012 to December 2014. (Data extracted from www.statista.com.)

a. Plot the time-series data.

b. Develop an exponential trend forecasting equation with monthly components.

c. What is the fitted value in December 2014?

d. What are the forecasts for the last four months of 2014?

e. Interpret the monthly compound growth rate.

f. Interpret the July multiplier.

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Statistics For Managers Using Microsoft Excel

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Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Jan 25, 2017 07:56 AM

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The file Freezer from January 2012 to December 2014 contains the number (in thousands) of freezer shipments

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a b c Forecast for December 2014 22193 d Forecasts for the last four months of 2014 Month Septemb...View the full answer

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