Question

Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal...

Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.)

Month Time Series
Value
3-Month Moving
Average Forecast
4-Month Moving
Average Forecast
1 9.5
2 9.3
3 9.5
4 9.6
5 9.8
6 9.7
7 9.8
8 10.5
9 10.0
10 9.7
11 9.6
12 9.6

(c)

Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.)

Homework Answers

Answer #1

It's genaral 3 period and 4 period moving average method.

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