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For this forecast, assume the value of P=0.6. Use the following table and MS Excel to produce the second naive model forecast for periods 3
For this forecast, assume the value of P=0.6. Use the following table and MS Excel to produce the second naive model forecast for periods 3 through 11 (in the shaded area). What is the forecast value for period 11? Round your answer to two decimal places (e.g., 1.23...NOT 1.23456) Trading Day Stock Price X Second Nave (P = 0.6) 1 128.8 2 129.4 3 131.3 4 129.7 5 131.4 6 131.9 7 132.6 8 135.6 9 129.8 10 130.4 11 ? Your
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