Monday Tuesday Wednesday Thursday Friday Week 1 55 40 33 20 70 Week 2 60 48 50 36 63 Week 3 58 44 38 50 72 Week 4 80 40 40 30 64 Instructions: The table above, which shows income (in thousands of dollars) from sales of a particular product over a four week period. Determine the seasonal variation each of the week Hence calculate the average seasonal variation for each day of the week Plot the graph of the original data and then add the trend line obtained using the moving averages Comment briefly on the trend observed on the graph and calculate the sales figure that is likely to be achieved for the next Monday using the trend line
Monday Tuesday Wednesday Thursday Friday Week 1 55 40 33 20 70 Week 2 60 48 50 36 63 Week 3 58 44 38 50 72 Week 4 80 40 40 30 64 Instructions: The table above, which shows income (in thousands of dollars) from sales of a particular product over a four week period. Determine the seasonal variation each of the week Hence calculate the average seasonal variation for each day of the week Plot the graph of the original data and then add the trend line obtained using the moving averages Comment briefly on the trend observed on the graph and calculate the sales figure that is likely to be achieved for the next Monday using the trend line
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Week 1 |
55 |
40 |
33 |
20 |
70 |
Week 2 |
60 |
48 |
50 |
36 |
63 |
Week 3 |
58 |
44 |
38 |
50 |
72 |
Week 4 |
80 |
40 |
40 |
30 |
64 |
Instructions: The table above, which shows income (in thousands of dollars) from sales of a particular product over a four week period.
- Determine the seasonal variation each of the week
- Hence calculate the average seasonal variation for each day of the week
- Plot the graph of the original data and then add the trend line obtained using the moving averages
- Comment briefly on the trend observed on the graph and calculate the sales figure that is likely to be achieved for the next Monday using the trend line
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