Managerial Economics - Forecasting

Managerial Economics – Forecasting Demand

Assignment: NADA

Directions:
Download the latest National Auto Dealers Association State of the Industry Report 2014 National Auto Dealers Association State of the Industry Report. Using the data on new vehicle sales by month, forecast demand for new vehicle sales for the first 3 months of the next year. Be sure to discuss your technique in forecasting demand, as well as the variables that you used to create your forecast. How accurate do you think your forecast will be, and what factors can improve its validity? Write up your report in a 600 to 850 word APA formatted paper (word count does not include title page, Certificate of Authorship, or references)