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? 11eb9aa2_f878_1246_897d_8175441b1e4b_SM2529_00 11eb9aa2_f878_1247_897d_bd9049544325_SM2529_00 c. In 2010, sales increased 21.2 percent. In 2011, sales increased 18.8 percent. New stores were opened in 2010 and 2011.

Foundations of Marketing 6th Edition by William Pride,Ferrell

Edition 6ISBN: 978-1285429779

Edition 6ISBN: 978-1285429779

Exercise 22

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

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a.
For calculating next year sales forec...