Question: Example 2 - Weighted ( a ) Give a forecast for the mileage of the 6 t h year using a 2 - year weighted
Example Weighted
a Give a forecast for the mileage of the year using a year weighted moving average with a weight of for the most recent period, and for the previous period.
b Give a forecast for the mileage of the year using a year weighted moving average where half the weight is given to the most recent year, and the remaining weight is distributed evenly among the years previous to that.
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