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Observation Machine-hours June 2,925 July 2,737 August 2,850 September 2,475 October 2,437 November 2,325 Predict what December machine hours will be using A) 3-month moving
Observation | Machine-hours | |||||||
June | 2,925 | |||||||
July | 2,737 | |||||||
August | 2,850 | |||||||
September | 2,475 | |||||||
October | 2,437 | |||||||
November | 2,325 | |||||||
Predict what December machine hours will be using | ||||||||
A) 3-month moving average | ||||||||
B) Linear regression | ||||||||
c) Nave forecasting | ||||||||
D) 4-month weighted moving average with weights of 10%, 15%, 30%, 45% applied from the least recent to the most recent month. |
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