Sign In

Use The Data To Develop Forecasts For Years 6 Through 13 Using A 5 Year Moving A

[ad_1]

Use the data to develop forecasts for years 6 through 13 using a 5-year moving average. Then, use the data to develop forecasts for years 6 through 13 using a 5-year weighted moving average. Weight the most recent year by 6, the previous year by 4, the year before that by 2, and the other years by 1. 

What is the forecast for year 13 based on the 5-year moving average and weighted moving average?

Year Factory orders 1 2,512.70 2 2,739.20 3 2,874.90 4 2,934.10 5 2,865.70 6 2,978.50 7 3,092.40 8 3,052.60 9 3,145.20 10 3,114.10 11 3,257.40 12 3,654.00 

[ad_2]

Looking for this or a Similar Assignment? Click below to Place your Order Instantly!

%d bloggers like this: