US Retail sales data: use moving averages to forecast retail sales for next year
Not what you're looking for?
Consider the attached file, which contains total monthly U.S retail sales data. While retaining the final 6 months of observations for validation purposes, use the method of moving averages with a carefully chosen span to forecast U.S retail sales in the next year. Comment on the performance of your model. what makes this time series more challenging to forecast?
Purchase this Solution
Solution Summary
With extensive data presented, the solution computes moving averages to demonstrate trends in average retail sales.
Purchase this Solution
Free BrainMass Quizzes
Motivation
This tests some key elements of major motivation theories.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Introduction to Finance
This quiz test introductory finance topics.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking