The purpose of this project is to construct a model to attempt to forecast the interim earnings of Harley Davidson.
1. SYNOPSIS
The purpose of this project is to construct a model to attempt to forecast the interim earnings of Harley Davidson. Harley Davidson, Inc. manufactures premium motorcycles, recreational vehicles, specialized commercial vehicles and parts and accessories. The Company's Motorcycle Division manufactures and markets heavyweight touring and custom motorcycles and a broad range of related products including riding apparel, motorcycle accessories and replacement parts. My purpose is to construct a model using six years worth of …
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…cannot be a good predictor of actual data.
6. CONCLUSIONS AND RECOMMENDATIONS
The relative error, the coefficient of determination, and the tracking signal are all outside of the acceptable zone for accuracy. So, due to the alarming inconsistency of the conclusions I would say that this model is not very reliable for what concerns its predicting capability, and I would not recommend Harley Davidson, Inc. to use it for the forecast of Harley Davidson interim earnings.
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