STATISTICAL TECHNIQUES FOR BUSINESS AND
STATISTICAL TECHNIQUES FOR BUSINESS AND
17th Edition
ISBN: 9781307261158
Author: Lind
Publisher: MCG/CREATE
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Chapter 18, Problem 5E
To determine

Determine the least squares trend equation.

Calculate the amount of scrap for the year 2019.

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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   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). 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.
Fit a straight linc trend by the method of least squares and estimate the production in 2015. 2006 2007 2008 2009 2010 2011 2012 Year: Production (in '000 tonnes): 80 90 92 83 94 99 92
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