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FORECASTING The table above shows some data and moving average forecasts for m=2 and m=3. Based on this data and your general knowledge of forecasting,

FORECASTING

image text in transcribed The table above shows some data and moving average forecasts for m=2 and m=3. Based on this data and your general knowledge of forecasting, does a moving average forecast become more or less responsive to changes in a data series when more data points are included in the average? Why would a forecaster make this modeling choice

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