1. (6 pts) A luxury boat manufacturer recorded the following sales quantities. a. Construct an appropriate centered moving average trend of boat sales. b. Plot the time series and your centered moving average trend on the same coordinate axes. ref: Chap13Practice Prob1, Prob2, Prob3 & YouTube video - Forecasting (intermediate check value: 2013Q2 Centered MA = 8.75)
Year | Qtr | Boat Sales Qty |
2012 | 4 | 7 |
2013 | 1 | 6 |
2 | 10 | |
3 | 11 | |
4 | 9 | |
2014 | 1 | 9 |
2 | 19 | |
3 | 15 | |
4 | 8 | |
2015 | 1 | 12 |
2 | 27 | |
3 | 23 | |
4 | 15 | |
2016 | 1 | 10 |
2 | 21 | |
3 | 17 | |
4 | 11 | |
2017 | 1 | 15 |
2 | 16 |
Year | Qtr | BoatSalesQty | MA | CMA |
2012 | 4 | 7 | ||
2013 | 1 | 6 | ||
2013 | 2 | 10 | 8.5 | 8.75 |
2013 | 3 | 11 | 9 | 9.375 |
2013 | 4 | 9 | 9.75 | 10.875 |
2014 | 1 | 9 | 12 | 12.5 |
2014 | 2 | 19 | 13 | 12.875 |
2014 | 3 | 15 | 12.75 | 13.125 |
2014 | 4 | 8 | 13.5 | 14.5 |
2015 | 1 | 12 | 15.5 | 16.5 |
2015 | 2 | 27 | 17.5 | 18.375 |
2015 | 3 | 23 | 19.25 | 19 |
2015 | 4 | 15 | 18.75 | 18 |
2016 | 1 | 10 | 17.25 | 16.5 |
2016 | 2 | 21 | 15.75 | 15.25 |
2016 | 3 | 17 | 14.75 | 15.375 |
2016 | 4 | 11 | 16 | 15.375 |
2017 | 1 | 15 | 14.75 | |
2017 | 2 | 16 |
we calulate MA as
MA(t)= (X(t-2) +X(t-1) X(t) +X(t+1))/4
CMA(t) = (MA(t+1) + MA(t))/2
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