Question: Develop a 3-week moving average for the following time series Time Period Time Series Value 1 11 2 6 3 3 4 12 5 2

Develop a 3-week moving average for the following time series

Time Period Time Series Value
1 11
2 6
3 3
4 12
5 2
6 12
7 12

Forecast week 8 (Using the 3 week moving average).

If needed round your intermediate calculations to no more than 2 decimal places.

Round your final answer to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!