Discuss, giving your justifications, which time series forecasting techniques are appropriate for producing forecasts with this data set
1. Describe the historical data on Nando’s sales, including a discussion of the general direction of sales and any seasonal tendencies that might be occurring.2. Discuss, giving your justifications, which time series forecasting techniques are appropriate for producing forecasts with this data set.3. Apply the appropriate forecasting techniques and compare the models based on ex post forecasts. Choose the best model. 4. Use your chosen forecasting model to generate forecasts for each of the months in year 2021.5. Discuss how these forecasts might be integrated into the planning operations and policy makings in NIH.
