ABC Corporation has sales figures as given below.   Forecast sales for 2021 using the following techniques: (a) the trend line method. Mention the equation and the R square value obtained. (b) Three year moving average method. (c) Exponential Smoothening Method with a smoothening constant of 0.8.

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ABC Corporation has sales figures as given below.

 

Forecast sales for 2021 using the following techniques:

(a) the trend line method. Mention the equation and the R square value obtained.

(b) Three year moving average method.

(c) Exponential Smoothening Method with a smoothening constant of 0.8.

Year
2012
2013
2014
2015
2016
2017
2018
2019
2020
Sales
55
57
60
64
65
71
70
76
79
(Mn S)
Transcribed Image Text:Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 Sales 55 57 60 64 65 71 70 76 79 (Mn S)
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