The following time series shows the sales of supermarket chain over the last six months.  Month Sales ($ 000) August 2021 250 Sep 2021 280 Oct 2021 295 Nov 2021 320 Dec 2021 380 Jan 2022 360   Develop a linear trend equation that can be used to forecast sales in Feb 2022. Forecast the sales in Feb 2021 using a three-period weighted moving average designed with the following weights: Nov 2021 weight 0.6, Dec 2021 weight 0.3 and Jan 2022 weight 0.1. Which method (A or B) is the best? Explain why.

Q: The equation of the trend line for the data based on sales (in $1000) of a local restaurant over the…

A: The trend line for the sales is given as       Sales = -265575+132.571*year

Q: 7. a. Develop a linear trend equation for the following data on demand for white bread loaves at a…

A: Given the data asDayLoaves120022143211422852356232724882509253102671128112275132801428815310

Q: U.S. Civilian Labor Force (thousands) Year Labor Force   Year Labor Force 2007 153,918   2012…

A: Let the year be denoted by X, the labour Force be denoted by Y. We will create another variable to…

Q: Using the 6 weeks of data below, forecast sales for the seventh week using a 4-week weighted moving…

A: Given that: Week Sales 1 281 2 292 3 276 4 289 5 302 6 314

Q: Use the scatterplot of Vehicle Registrations below to answer the questions Vehicle Registrations in…

A: Given plot is number of vehicle Registration in millions Vs Year    and there a black color straight…

Q: Create a 2-D line chart of Cash Sales for months 1-18. Add a trend line with a forward forecast of 3…

A: Given Information: Consider the given data: Months Cash Sales 1 2145600 2 2175200 3 2255200…

Q: The U.S. import of wine (in hectoliters) for several years is given in the table below. Determine…

A:

Q: A manager uses a trend equation plus quarterly relatives to predict demand. Quarter relatives are…

A: The trend equation, The quarter relative are The period and demand data set is,Period,…

Q: In Colorado, sales of medical marijuana began in November 2012; however, the Department of Revenue…

A: The provided information is as follows:Data is given for the revenue from Feb 14 to October 18.The…

Q: 60 726 64 680 70 622 72 605 80 544 81 530 84 519 90 484 96 454 100 435 25. Make Sense and Persevere…

A: Given:

Q: The scatterplot below shows the sales for a flower company for the years 2007 through 2012. Use a…

A: Let t denote the time period in years, & Y denotes the sales (in thousands). The linear relation…

Q: Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use…

A: The given table shows the number of automatic teller transactions by week.

Q: A manager uses a trend equation plus quarterly relatives to predict demand. Quarter relatives are…

A: Given information: The data represents the values of demand for the periods 1 to 9.

Q: State whether the data described below are discrete or​ continuous, and explain why.   The weights…

A: The weight of squirrels varies time to time by the food quantity which they have taken.

Q: Year    Gross Federal Debt ($millions) 1945    260,123 1950    256,853 1955    274,366 1960…

A:

Q: A farmer's marketing cooperative recorded the volume of wheat harvested by its members from…

A:

Q: Use the line graph to answer the following questions. A. Identify the percentage of baby boomers who…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: Using the 4 weeks of data below, forecast sales for the fifth week using a 3-week weighted moving…

A: weeksales145255360450

Q: using below, forecast sales for the fifth week using a 3-week weighte average. (round to nearest…

A: We are asked to find the forecast sale

Q: 18,000 16,000 14,000 12,000.- 10,000

A: Here we have given that  A figure consisting of a scatter plot between the Price(dollars) and Weight…

Q: Food trucks have become a common sight on American campuses. They serve scores of hungry students…

A: The time series analysis is the method to model data which is time dependent. The observation which…

Q: Here are data on the monthly price of gas for a certain year, which is a component of the Consumer…

A: Given data is:Month: Jan    Feb     Mar    Apr    May   Jun    Jul     Aug   Sep    Oct    Nov…

Q: A scatter plot would be useful for:     Showing the relationship between the sales of blank CDs and…

A: The objective is to find the correct option for the scatterplot.

Q: he  sales recording for nokia mobile phones are  given plot the data  , also tell about the process…

A: Time Series refers to the arrangement of data in chronological order. A time series is a type of…

Q: /hich of the following best describes the trend of the graph? atterplet of High School GPA vs Shoe…

A: For positive trend, the data points are distributed in upward direction form. For negative trend,…

Q: ncreased sales during the Christmas season is known as a. secular b. seasonal trend c. Cyclical…

A: If any sales be in a 2 or 3 month interval then we know it is a seasonal.

Q: r 31. You are given the following trend equation: Y 50 +.8X %3D Origin 2012 ; X units one year; Y…

A:

Q: Ten students were chosen at random from our class and the grade and attendance is listed below.…

A: Here “x" represents the attendance percentage, and "Y" represents the grade in the class. When…

Q: Which of the following best describes the trend of the graph? Scatterplot of Salary vs Start Year…

A: Scatterplot is a graphical representation between two variables, where each of the points of the…

Q: Use the border crossings data below and a = = 0.3 and ẞ = 0.2. Truck Crossings Month February…

A: Sure, let's break down the process step by step:1. **Initial Level (L1) and Initial Trend (T1)**:  -…

Q: Example 3: Using three-year moving averages, determine the trend. Production (1000 tonnes)…

A:

Q: method to answer the following questions. Year Quarter Sales 1 160 180 3 190 4 170 2 200 210 3 260 4…

A: