The following table presents the orders of Samson Company for the last 36 months (3 years).MonthOrder Year 1Order Year 2Order Year 3January502614712February408592698March491584686April456532644May481599694June511604702July522624724August500612716September510625732October512627740November520650745December536680756Use the data in the above table and regression analysis to forecast the orders for the next 12 months (4th year). Include your excel work sheet and your work in your write up. Show the regression equation, values of intercept, slope, correlation coefficient and coefficient determination and the forecast of orders for the next 12 months.Explain how you could make your forecast’s results more reliable by incorporating a qualitative research to your quantitative results.
Previous
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here