Perform a linear regression, 8 month moving average & 3 month moving average forecasting technique to see which is most accurate for the new quarter 11 if quarter 11 sales are 172,000 units
Quarter Quarter Demand Shown in Thousand (1000) units
1 121
2 132
3 159
4 160
5 141
6 166
7 189
8 199
9 170
10 190
Make sure to include the equation for the linear regression calculation.
Explain 5 factors that could affect forecast accuracy.