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  3. Forecasting Product Demand in R

Exercise

Top-down forecast for new region

Let's get top-down forecasts for each of the products in the southeast coastal region. There are two products - a high value and low value. You have the following objects for sales SEC_hi, SEC_lo, and SEC_total in your workspace. You also have SEC_hi_v and SEC_lo_v for validation.

Instructions 1/3

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  • Calculate the average of historical proportions for each of the products in this region.