Question: I would like you to create a spreadsheet that calculates a weighted average forecast, and charts it as an xy plot, where time is on
I would like you to create a spreadsheet that calculates a weighted average forecast, and charts it as an xy plot, where time is on the x axis.
The data is as follows:
Actual observations at times T through T are:
Time
Observations
You should compute the weighted average forecast for Times T through T Note: for the forecast for T you will have no data yet!
The weighting factors are and applies to the earliest, to the middle, and to the latest.
Explainjustify how you derived the forecast at T and T
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