| Lesson Plan |
| Grade: |
Date: 03/03/2026 |
| Subject: Business |
| Lesson Topic: time series analysis using four period centred moving average to forecast sales |
Learning Objective/s:
- Describe the purpose of time series analysis and the centred moving average in sales forecasting.
- Calculate four‑period moving averages and centre them to derive the trend component.
- Apply the centred moving average to produce a short‑term sales forecast.
- Interpret the forecast results to inform business decisions such as inventory and production planning.
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Materials Needed:
- Projector or interactive whiteboard
- Spreadsheet software (Excel or Google Sheets)
- Printed sales data worksheet
- Calculator
- Graph paper or digital plotting tool
- Teacher’s slide deck with example tables and charts
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Introduction:
Begin with a quick question: How can businesses predict next month’s sales using past data? Review students’ prior experience with simple averages and trend analysis. Explain that today they will learn a four‑period centred moving average to smooth data and generate a forecast, and they will be able to demonstrate the complete process by the end of the lesson.
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Lesson Structure:
- Do‑Now (5’) – Students calculate a simple 4‑period moving average on a short data set provided on the worksheet.
- Mini‑lecture (10’) – Teacher explains the concept of centred moving averages, showing how to centre even‑period averages.
- Guided practice (15’) – Whole class works through the full 12‑month data, calculating moving averages, centring them, and identifying the trend.
- Forecasting activity (10’) – Students extend the trend to forecast the next month’s sales using the incremental change method.
- Interpretation discussion (10’) – Groups discuss how the forecast informs inventory and production decisions, referencing the key points.
- Check for understanding (5’) – Quick exit ticket where each student writes the formula for CMA and one implication of the forecast.
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Conclusion:
Summarise how the centred moving average isolates the trend and enables a straightforward sales forecast. Ask students to submit an exit ticket stating the forecasted sales figure and one business action they would recommend. For homework, assign them to collect a real product’s monthly sales data and apply the same method to produce their own forecast.
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