Perdisco Limited has shared their annual sales revenue over the last 6 financial years from 2010 to 2015. Year Sales ($ 000) 2010 4500 2011 5100 2012 4900 2013 5400 2014 5670 2015 6000   Using linear trend equation forecast the sales revenue of Perdisco Limited for 2016. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights:  2013 (0.1), 2014 (0.3) and 2015(0.6).

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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Perdisco Limited has shared their annual sales revenue over the last 6 financial years from 2010 to 2015.

Year

Sales ($ 000)

2010

4500

2011

5100

2012

4900

2013

5400

2014

5670

2015

6000

 

  1. Using linear trend equation forecast the sales revenue of Perdisco Limited for 2016.
  2. Calculate the forecasted sales difference if you use 3-period weighted moving average designed with the following weights:  2013 (0.1), 2014 (0.3) and 2015(0.6).

Please answer this question. this is not graded question. this is from book which is provided by my teacher for understanding concepts. Please solve this as i have finding difficulty in solving.

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