7. Consider the data in the Excel file Consumer Price Index. a. Use simple linear regression to...

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7. Consider the data in the Excel file Consumer Price Index.

a. Use simple linear regression to forecast the data. What would be the forecasts for the next 2 months?

b. Use the double exponential smoothing procedure in XLMiner to find forecasts for the next 2 months.

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Shameen Tahir

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