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Determine a forecast for the average weekly sales

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Reference no: EM133145862

Business at Terry's Tie Shop can be viewed as falling into three distinct seasons: (1) Christmas (November-December); (2) Father's Day (late May - mid-June); and (3) all other times. Average weekly sales (in $'s) during each of these three seasons during the past four years has been as follows:

Season

Year 1

Year 2

Year 3

Year 4

1

1816 

1981 

2241

2280

2

2023 

2105 

2306

2408

3

  941 

7464

1105

1120

Assuming that the sales is not experiencing any leaner increasing or decreasing trends.

1. Determine a forecast for the average weekly sales in year 5 for season1.  (Round  to two decimal places)

Note: Please type a number and only a number in the text box.

Question 3.2:

Determine a forecast for the average weekly sales in years 5 for season2.

Question 3.3:

Determine a forecast for the average weekly sales in years 5 for season3.

Note: Please type a number and only a number in text boxes.

Reference no: EM133145862

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