Question

A company sells summer clothing. Fit a trend using any statistical software to sales data for this company. Make suitable assumptions.

Month Mar Arp May June Jul Aug Sept
Sales(in pieces) 400 700 2000 3000 2000 1000 200

 

 

 

28 May 2025
Answer :
Word Count : 563
To fit a trend to the given sales data, we will assume a quadratic trend because the sales increase, peak, and then decrease, which suggests a parabolic pattern. Let the months be numbered as $x = 1$ for March, $2$ for April, ..., $7$ for September. The sales $y$ are given. | Month | x | Sales y | | ----- | - | ------- | | Mar | 1 | 400 | | Apr | 2 | 700 | | May | 3 | 2000 | | June | 4 | 3000 | | Jul | 5 | 2000 | | Aug | 6 | 1000 | | Sept | 7 | 200 | Assume a quadratic trend: $y = a + bx + cx^2$. We need to solve for $a, b, c$ using the method of least squares. _________ ___ __________ _______ ________.
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