Corporate triple A bond interest rates for 12 consecutive months follow. 9.5 9.3 9.4 9.6 9.8 9.7
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9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6
a. Construct a time series plot. What type of pattern exists in the data?
b. Develop three-month and four-month moving averages for this time series. Does the three-month or the four-month moving average provide the better forecasts based on MSE? Explain.
c. What is the moving average forecast for the next month?
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Related Book For
Modern Business Statistics With Microsoft Excel
ISBN: 9781337115186
6th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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