A college student has just completed her junior year. The following table summarizes her grade-point average (GPA)
Question:
A college student has just completed her junior year.
The following table summarizes her grade-point average
(GPA) for each of the past nine quarters:
(a) Forecast the student’s GPA for the fall semester of her senior year by using a three-period moving average.
(b) Forecast the student’s GPA for the fall semester of her senior year by using exponential smoothing with a = 0.2.
(c) Which of the two methods provides a more accurate forecast? Justify your answer.
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Related Book For 
Quantitative Analysis For Management
ISBN: 9781292217659
13th Global Edition
Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale
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