Question: a ) Compute a three - quarter moving average forecast for quarters 4 through 1 3 and compute the forecast error for each quarter. b
aCompute a threequarter moving average forecast for quarters through and compute the forecast error for each quarter. bCompute a fivequarter moving average forecast for quarters through and compute the forecast error for each quarter. cCompute a weighted threequarter moving average forecast using weights of and for the most recent, next recent, and most distant data, respectively, and compute the forecast error for each quarter. marksdCompare the forecasts developed in parts ab and c using cumulative error. Which forecast appears to be most accurate? Do any exhibit any bias? mark
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