Given the following historical data, what is the moving-average forecast for period 6 based on the last three periods?Period Value1 332 283 254 325 27Did is solve correctly I tried it in excel is 29.5 corrector do avg(25+32+27)/3 =29Please advise?
Given the following historical data, what is the moving-average forecast for period 6 based on the last three periods?Period Value1 332 283 254 325 27Did is solve correctly I tried it in excel is 29.5 corrector do avg(25+32+27)/3 =29Please advise?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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Given the following historical data, what is the moving-average
Period Value
1 33
2 28
3 25
4 32
5 27
Did is solve correctly I tried it in excel is 29.5 correct
or do avg(25+32+27)/3 =29
Please advise?
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