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Daily Spot I-Apr 2-Apr-e4 5 -Apr 6-Apr-e4 7-Apr 8-Apr-e4 -Apr 12-Apr-4 6-May-e4 la-May - 04 II -May 12-May - 04 Exchange Rate 1.8764 1.8693

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Daily Spot I-Apr 2-Apr-e4 5 -Apr 6-Apr-e4 7-Apr 8-Apr-e4 -Apr 12-Apr-4 6-May-e4 la-May - 04 II -May 12-May - 04 Exchange Rate 1.8764 1.8693 1 .8140 1.8674 1.8410 1.8525 1 .8422 1.8558 1.7832 1.7741 1.7942 1.7923 1.7744 1.7843 Rate, U.S. Dollars per Rate Pound Sterling 13 -Apr 14-Apr 15 -Apr 16-Apr 19 -Apr 2a-Apr 21 -Apr 22-Apr 13 -May 14-May 17 -May 18 -May 19 -May 2 a-May - 04 - 04 - 04 - 04 - 04 - 04 - 04 - 04 1 .8260 1.7802 1.7935 1.8108 1.8155 1.7916 1.7780 1.7688 1.7589 1.7588 1 .7569 1.7757 1.7856 1.7710 23-Apr 26-Apr 27 -Apr 28-Apr 29 -Apr 3a-Apr -04 -04 -04 -04 -04 -04 3 - May 4 -May-eo 21 -May -04 24-May -04 25 -May -04 26-May -04 27 -May -04 28-May -04 Rate 1.7674 1.7857 1.7937 1 .7440 1.7849 1.7855 1.7780 1.7638 1.7560 1.7923 1.8396 1.8345 1.8788 1.8930 Click here for the Excel Data File (a) Make a line chart and fit an m-period moving average to the exchange rate data shown above with m = 2, 3, 4, and 5 periods. For each method, state the last MA value. (Round your answers to 4 decimal places.) m-period Next period forecast

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