In: Statistics and Probability
Question 1 contains the actual values for 12 periods (listed in order, 1-12). In Excel, create forecasts for periods 6-13 using each of the following methods: 5 period simple moving average; 4 period weighted moving average (0.63, 0.26, 0.08, 0.03); exponential smoothing (alpha = 0.23 and the forecast for period 5 = 53); linear regression with the equation based on all 12 periods; and quadratic regression with the equation based on all 12 periods.
The actual values for 12 periods (shown in order) are:
(1) 45 (2) 52 (3) 48 (4) 59 (5) 55 (6) 57 (7) 64 (8) 63 (9) 72 (10) 66 (11) 73 (12) 73