What is the appropriate type of forecasting method to use in the following scenario? Explain why you chose this method. Standard Brands has developed a new type of outdoor paint. The company wishes to forecast sales based on new housing stats.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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What is the appropriate type of forecasting method to use in the following scenario? Explain why you chose this method.

Standard Brands has developed a new type of outdoor paint. The company wishes to forecast sales based on new housing stats.

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