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Question content area Part 1 Dell uses the CR 5 chip in some of its laptop computers. The prices for the chip during the past

Question content area
Part 1
Dell uses the CR 5 chip in some of its laptop computers. The prices for the chip during the past 12 months were as follows.
Month
Price Per Chip
Month
Price Per Chip
January
$1.85
July
$1.90
February
$1.61
August
$1.85
March
$1.60
September
$1.70
April
$1.85
October
$1.55
May
$1.88
November
$1.50
June
$1.89
December
$1.75
This exercise contains only parts a, b, and c.
Part 2
a) Using a2-month moving average, the forecast for periods 11 and 12 is: (Round your responses to two decimal places.)
Month
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Forecast
$1.73
1.61
1.73
1.87
1.89
1.90
1.88
1.78
enter your response here
enter your response here
Part 3
b) Using a3-month moving average, the forecast for periods 11 and 12 is: (Round your responses to two decimal places.)
Month
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Forecast
$1.69
1.69
1.78
1.87
1.89
1.88
1.82
enter your response here
enter your response here
Part 4
c) The mean absolute deviationLOADING... based on a2-month moving average of March through December is $
enter your response here. (Round your response to three decimal places.)
Part 5
The mean absolute deviation based on a3-month moving average of April through December is $
enter your response here.(Round your response to three decimal places.

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