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Al Bayan Apparel Company is one of the leading school uniform manufacturing company started its operations...

Al Bayan Apparel Company is one of the leading school uniform manufacturing company started its operations in 2014. Since last 06 years company observes that there is increase in sales of readymade school uniforms at the time of school reopening.

Company has recently published the sales data for the last 06 years starting from 2014 to 2019 (in ‘000). The sales are 20, 24, 22,30,28 and 30 respectively.

  1. Find out the trend values for last 06 years using semi average method
  2. Discuss the type of trend and analytically explain how it differentiates with cyclical trend.
  3. Time series analysis can be used in sales forecasting. Discuss analytically
Math   Statistics-And-Probability   
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