Use the data below to answer this questions.
Period
Employment
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30...
Use the data below to answer this questions.
Period
Employment
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30
Apr-01
1,914.60
May-01
1,961.50
Jun-01
1,960.60
Jul-01
1,953.40
Aug-01
1,940.20
Sep-01
1,928.00
Oct-01
1,909.20
Nov-01
1,896.40
Dec-01
1,881.40
Jan-02
1,880.20
Feb-02
1,884.00
Mar-02
1,902.60
Apr-02
1,913.40
May-02
1,937.40
Jun-02
1,990.90
Jul-02
1,994.80
Aug-02
2,013.10
Sep-02
2,002.30
Oct-02
1,982.50
Nov-02
1,969.00
Dec-02
1,959.20
Jan-03
1,928.20
Feb-03
1,952.40
Mar-03
1,980.40
Apr-03
1,972.00
May-03
1,987.80
Jun-03
2,018.70
Jul-03
2,027.80
Aug-03
2,030.20
Sep-03
2,012.20
Oct-03
2,032.30
Nov-03
2,008.30...
Use the data below to answer this questions.
a.) Generate a scatter of the data
b....
Use the data below to answer this questions.
a.) Generate a scatter of the data
b. ) Report the monthly averages (January for all years,
February for all years etc.)
c.) Is there seasonality? Is there a trend?
d.) How can you forecast the value for March 2020? Generate that
forecast.
e.) (Not technical) This forecast will for sure be wrong.
Why?
Reference period
Employment 3
Persons
Jan-01
1,879.50
Feb-01
1,901.00
Mar-01
1,925.30
Apr-01
1,914.60
May-01
1,961.50
Jun-01
1,960.60
Jul-01...
A local bookstore recorded their revenue (in thousands) for the
last 36 months starting in September,...
A local bookstore recorded their revenue (in thousands) for the
last 36 months starting in September, as provided below.
a. find the deseasonalized line of best fit
b. use the additive model of seasonal forecasting to predict the
revenue for each month of the next academic year
c. use the multiplicative model of seasonal forecasting to
predict the revenue for each month of the next academic year
d. what is the predicted total profit for the academic year for
each...