Refer to Exercise 7-48. Construct an exponentially weighted moving-average chart using a weighting constant of 0.2 for

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Refer to Exercise 7-48. Construct an exponentially weighted moving-average chart using a weighting constant of 0.2 for the weekly amount invested. Comment on the process. If it is desired to have a goal value of $1.5M for the standard deviation, using the constructed chart, comment on the ability of the process to achieve this goal.

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Muhammad Salman Alvi

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