Lahore School of Economics

BBA III
Time Series Analysis and Forecasting Spring 2022

Name:_____________________ Section:_______________

Date:______________________ Score:________________

Assignment No. 7

Q.1: An analyst would like to determine whether there is a pattern to earnings per share for the
Price Company, which operates a wholesale/retail cash-and-carry business in several states under
the name Price Club. The data are shown in the following table.

Quarterly Earnings per Share for the Price Company: 2010-

2013

Calendar 1st 2nd 3rd 4th

2010 .86 .51 .47 .63
2011 .94 .56 .50 .65
2012 .95 .42 .57 .60
2013 .93 .38 .37 .57

Find the forecast values of the quarterly earnings per share of the Price Club for each quarter
using the following forecasting approaches:

i) Moving Averages using k = 4.

ii) Double Moving Averages using k = 4.