New

Learn smart - Learn online. Upto 80% off on courses for a limited time. View Courses

Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

5 Pages
MGT204–Sales and promotion

Consider the customer-centred logistics involved in the manufacture of flat pack wooden furniture products in China for a New Zealand business. The New Zealand business then adds value by assembling t ...

Course

MGT204

Type

Assignment

Subject

Marketing

University

Southern Institute of Technology

12 Pages
IBU5IBE International Business

Questions: Part 1: Background and competitiveness of your chosen MNE (approx. 800 words) Q 1. Provide a brief profile of your MNE. Information such as its country of origin, company history, i ...

Course

IBU5IBE

Type

Assignment

Subject

Marketing

University

La Trobe University

0 Page
Present Marketing Opportunities

...

Course

BSBMKG501

Subject

Marketing

University

Gen Institute

0 Page
Co-Owner Of Crossfit Endurance

...

Course

BSBMKG501

Subject

Marketing

University

Gen Institute

BUSA3015 Business Forecasting Assessment

Question

Answered

Task:

Exercise 1 – Application

As for Report 1:

For the purposes of this report, only consider the data from March 2011 to February 2020 as the sample of data that is available to you – that is, ignore any recent observations.

This means that the first actual observation in your Excel file is from March 2011 and your last actual observation in your Excel file is from February 2020.

For the Seasonally-adjusted data for Cafes, Restaurants and Takeaway Food (Series ID: A3348639K) available in Table 1: Forecast the out-of-sample values for every month in the period March 2020 –February 2021 (both months inclusive) using a simple linear regression with an intercept, and time (t= 1, 2, 3,… ) as the explanatory variable.

Exercise 2 – Application

As for Report 1:

For the purposes of this report, only consider the data from March 2011 to February 2020 as the sample of data that is available to you – that is, ignore any recent observations. 
 
Exercise 3

Your Exercise 3 responses should refer to Exercise 2. In addition to this, you may refer to Exercise 1. For the model in Exercise 2, given that you have the actual data for the out-of-sample period (you considered the within-sample period to end in February 2020 – but you do have data for March 2020 and onwards) – discuss your forecasting method, your forecasts, and the business insights from these, using the following steps:
 
Attribution
▪ Scope 
▪ Application 
▪ Analysis
▪ Articulation of Issues 
▪ Critique 
▪ Position 

BUSA3015 Business Forecasting Assessment

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

8 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com strives to deliver quality content to students of USA and deliver assignment writing services as per individual assignment assistance. We have built up a pool of 3800+ assignment experts who provide academic writing help in more than 100+ subjects. Our skilled and experienced assignment writers deliver custom-made assistances, and they offer need-based university assignment help to students as per their assignment demands.

More BUSA3015 BUSA3015 Business Forecasting Assessment: Questions & Answers

Q
icon

We aren't endorsed by this University

MGT204–Sales and promotion

Consider the customer-centred logistics involved in the manufacture of flat pack wooden furniture products in China for a New Zealand business. The New Zealand business then adds value by assembling the product before using distributors to supply retail outlets. The product sells as good quality,med ...

View Answer
Q
icon

We aren't endorsed by this University

IBU5IBE International Business

Questions: Part 1: Background and competitiveness of your chosen MNE (approx. 800 words) Q 1. Provide a brief profile of your MNE. Information such as its country of origin, company history, its main products/services, countries of operation etc., should be included. N.B. You are encour ...

View Answer
Q
icon

We aren't endorsed by this University

Present Marketing Opportunities

...

View Answer
Q
icon

We aren't endorsed by this University

Co-Owner Of Crossfit Endurance

...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?