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Daily Spot Exchange Rate, U.S. Dollars per Pound Sterling (n = 60 days) Day 1 2 3 58 59 60 Date 11/1/19 11/4/19 11/5/19 1/28/20

Daily Spot Exchange Rate, U.S. Dollars per Pound Sterling (n = 60 days) Day 1 2 3 58 59 60 Date 11/1/19 11/4/19 11/5/19 1/28/20 1/29/20 1/30/20 Rate 1. 2950 1. 2906 1. 2870 1. 2996 1. 3012 1. 3106 Click here for the Excel Data File (a) Make a line chart for an m-period moving average to the exchange rate data shown below with m = 2, 3, 4, and 5 periods. For each method, state the last MA value. (Round your answer to 4 decimal places.) X Answer is complete but not entirely correct. m-period Next period forecast 2 1.3065 x 1.3057 X 1.3055 x 5 1.3042 x

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Recommended Textbook for

Principles of Economics

Authors: Robert Frank, Ben Bernanke

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73511404, 978-0073511405

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