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Exhibit 17-5 State Division of Motor Vehicles (DMV) statistics show the rate of new driver's license applications to be as shown below. Month Week1 Application
Exhibit 17-5 State Division of Motor Vehicles (DMV) statistics show the rate of new driver's license applications to be as shown below.
Month | Week1 | Application |
April | 1 | 238 |
2 | 199 | |
3 | 215 | |
4 | 212 | |
May | 1 | 207 |
2 | 211 | |
3 | 196 | |
4 | 206 |
Refer to Exhibit 17-5. Using weights of .6, .3, and .1, what is the three-week weighted moving average forecast for April, week 1?
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