Assignment 1
Submit your homework during the class in November 12, 2019
A table below represents monthly sales data of a hypothetical auto mobile product.
Table 1. Sales Data
| Period | Sales |
| Jan-12 | 5378 |
| Feb-12 | 6729 |
| Mar-12 | 7862 |
| Apr-12 | 8420 |
| May-12 | 9740 |
| Jun-12 | 10321 |
| Jul-12 | 11322 |
| Aug-12 | 12930 |
| Sep-12 | 11721 |
| Oct-12 | 13458 |
| Nov-12 | 11932 |
| Dec-12 | 10235 |
Answer the following questions.
- Use the first six months data to estimate the Bass model parameters (p, q, and m).
- Plot the values of actual and predicted sales.