a. Use Minitab to smooth the Spokane Transit Authority data using a four-week moving average. Which moving

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a. Use Minitab to smooth the Spokane Transit Authority data using a four-week moving average. Which moving average length, four weeks or five weeks, appears to represent the data better? Explain.
b. Use Minitab to smooth the Spokane Transit Authority data using simple exponential smoothing. Compare your results with those in part a. Which procedure, four-week moving average or simple exponential smoothing, do you prefer for these data? Explain.
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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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