Question: I want answer doing step by step. 15.5 Use the following time-series data to answer the given questions. Time Period Value Time Period Value 27

I want answer doing step by step.

I want answer doing step by step. 15.5 Use the following time-series

15.5 Use the following time-series data to answer the given questions. Time Period Value Time Period Value 27 66 31 71 58 86 63 9 101 59 10 97 a. Develop forecasts for periods 5 through 10 using 4-month moving averages. b. Develop forecasts for periods 5 through 10 using 4-month weighted moving averages. Weight the most recent month by a factor of 4, the previous month by 2, and the other months by 1. c. Compute the errors of the forecasts in parts (a) and (b) and observe the differences in the errors forecast by the two different techniques

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