Consider the following time series data
1. Consider the following time series data. (Use Excel for this problem. Copy paste Excel Tables into your report for answering questions). Month 1 2 3 4 5 6 7 8 9 10 Value 12 19 24 13 20 23 15 21 23 18 a) Use the Naïve Method of forecasting. What is the forecast for month 11? b) Use the Forecasting Method that uses […]
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