If you were using a time series analysis to forecast sales for your company for the next year, how would you use the following sets of sales figures? 11eb7731_b64e_7581_adfc_1737ec9af61b_SM2974_00 11eb7731_b64e_7582_adfc_6736678998ee_SM2974_00 c. In 2010, sales increased 21.2 percent. In 2011, sales increased 18.8 percent. New stores were opened in 2010 and 2011.

Marketing 2014 17th Edition by William Pride,Ferrell

Edition 17ISBN: 978-1133939252

Edition 17ISBN: 978-1133939252

Exercise 4

If you were using a time series analysis to forecast sales for your company for the next year, how would you use the following sets of sales figures?

c. In 2010, sales increased 21.2 percent. In 2011, sales increased 18.8 percent. New stores were opened in 2010 and 2011.

Explanation

Verified

a.
For calculating next year sales forec...