We have monthly sales volume of Widget by Widgetaire for three years (36 months). We need to compute the 95% prediction interval of the forecasts for January, February and March of year 4 (periods 37,...


please use excel to solve this


We have monthly sales volume of Widget by<br>Widgetaire for three years (36 months).<br>We need to compute the 95% prediction interval of<br>the forecasts for January, February and March of<br>year 4 (periods 37, 38 and 39).<br>Assume:<br>optimal standard deviation = 35.1 units,<br>forecasted sales for all these periods are 340.6<br>units,<br>and z(0.025)= 1.96<br>

Extracted text: We have monthly sales volume of Widget by Widgetaire for three years (36 months). We need to compute the 95% prediction interval of the forecasts for January, February and March of year 4 (periods 37, 38 and 39). Assume: optimal standard deviation = 35.1 units, forecasted sales for all these periods are 340.6 units, and z(0.025)= 1.96

Jun 09, 2022
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