Question: 8. Given the series in Table P-8: a. What is the forecast for period 9, using a five-period moving average? b. If simple exponential smoothing

8. Given the series in Table P-8:

a. What is the forecast for period 9, using a five-period moving average?

b. If simple exponential smoothing with a smoothing constant of .4 is used, what is the forecast for time period 4?

c. In part

b, what is the forecast error for time period 3?

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