Highest performing model to forecast sales

Assignment Help Basic Statistics

Reference no: EM1316116

Forecast using Regression and Seasonal Index.

1. Using form of Regression method would give you the highest performing model to forecast Sales? Why?

2. Graph the Actual and Forecast over Time Period to give visual evidence of the fit.

3. Using your model, please forecast the sales for:

2008-April;

2008-July;

2009-Oct.;

And 2009-Dec.

Year	Month	Sales (MMs)	Time Period
2005	Jan	243	1
2005	Feb	238	2
2005	Mar	237	3
2005	Apr	185	4
2005	May	193	5
2005	Jun	151	6
2005	Jul	158	7
2005	Aug	167	8
2005	Sep	127	9
2005	Oct	149	10
2005	Nov	173	11
2005	Dec	229	12
2006	Jan	288	13
2006	Feb	265	14
2006	Mar	276	15
2006	Apr	224	16
2006	May	226	17
2006	Jun	184	18
2006	Jul	194	19
2006	Aug	200	20
2006	Sep	163	21
2006	Oct	173	22
2006	Nov	212	23
2006	Dec	277	24
2007	Jan	331	25
2007	Feb	306	26
2007	Mar	318	27
2007	Apr	260	28
2007	May	267	29
2007	Jun	219	30
2007	Jul	227	31
2007	Aug	237	32
2007	Sep	191	33
2007	Oct	215	34
2007	Nov	242	35
2007	Dec	306	36

Reference no: EM1316116

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