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  • FMF Assigment

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    Isaack Mohamed
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    FMF ASSIGMENT

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    2 views1 page

    FMF Assigment

    Uploaded by

    Isaack Mohamed

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    (a) Explain three methods of fitting a trend in time series analysis.

    (2 marks)

    (b) The quarterly sales data for Chuce hardware are given below:

    Quarter
    Year 1 2 3 4
    (Sh. million) (Sh. million) (Sh. million) (Sh. million)
    2000 8.5 10.4 7.5 11.8
    2001 9.5 12.2 8.8 13.6
    2002 10.4 13.5 9.7 13.1
    2003 9.5 11.7 8.4 12.9
    2004 10.9 13.7 10.1 15.0

    Required:
    The centered four-quarter moving averages. (3marks)

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