Question: Plot the following data and then calculate and plot a three - period moving average. then calculate and plot a five - period moving average.

Plot the following data and then calculate and plot a three-period moving average. then calculate and plot a five-period moving average. What do you observe in comparing the plots of he three and five period moving averages?
Referring to exercise
1
,
develop a forecast for period
1
1
using exponential smoothing and three Values of
:
0
.
0
5
,
0
.
3
0
,
and
0
.
0
9
0
.
Plot the actual data and the eponential averages for thev three values of three values of
.
What do you observe
referring to exercise
1
and
2
,
compare all five forecasting models. Which one would you recommend? Why?

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