Compute the two-period and four-period moving average predictions for the data set. a. Prepare a line graph
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Compute the two-period and four-period moving average predictions for the data set.
a. Prepare a line graph comparing the moving average predictions against the original data.
b. Do the moving averages tend to overestimate or underestimate the actual data? Why?
c. Compute forecasts for the next two years using the two-period and four-period moving average techniques.
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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