How do I control for spikes in sales data
Answer1:Kinda complicated... well its easy, just alot of work, unless the data is already in excel.Basically, you just need to compare the weeks without "stretch" and weeks with "stretch". You gotta section out the weeks. What I mean by that is, say you have 11 weeks of stretch weeks for 1 year. Add w1+w2+w3+w4+w5 divide by 5 (total number of weeks used). This is your first average. Then w2+w3+w4+w5+w6 divided by 5. This is your second average. Then w3+w4+w5+w6+w7 divided by 5. This is your third average. Keep goin until you get all 11. Then plot the averages. Then do the same for the normal weeks, and plot those averages against the stretch averages. Youll see which is better.This is called Moving Averages. You can look it up if you need a better explanation. You can also use Exponential smoothing, which is a little more complicated and I dont think you need it for this.
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