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Jeanette plan is a college student who has just completed her junior year. The following table sumarizes her grade point average (GPA) for each of

Jeanette plan is a college student who has just completed her junior year. The following table sumarizes her grade point average (GPA) for each of the past nine semesters

Year Semester GPA
Freshman

Fall

Winter

Spring

2,4

2,9

3,1

Sophomore

Fall

Winter

Spring

3,2

3,0

2,9

Junior

Fall

Winter

Spring

2,8

3,6

3,2

(a) Forecast Jeanette's GPA for the fall semester of her senior year by using a three-period moving average.

(b) Forecast Jeanette's GPA for the fall semester of her senior year by using exponential smoothing with a = 0,3

(c) Which of the two methods provides a more accurate forecast? Justify your answer.

(d) If you decide to use a three-period weighted moving average, find the optimal weights that would minimize MAPE. Is this method an improvement over the previous two methods?

Please show work in Excel

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