2024 – Problem 3 2 National Scan Inc sells radio frequency inventory tags Monthly sales for a seven month
finance problems need in one hour if someone can do them correctly. – 2024
Problem 3-2
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: |
Month | Sales (000)Units |
Feb. | 19 |
Mar. | 18 |
Apr. | 12 |
May. | 29 |
Jun. | 18 |
Jul. | 24 |
Aug. | 29 |
|
b. | Forecast September sales volume using each of the following: |
(1) |
A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) |
Yt | provides forecasts with less average error and less average squared error. |
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