Question: Problem 2 . Using the average price spent on Electronic items / Cell phones / laptop / tablet , provided above, as our time series

Problem 2. Using the average price spent on Electronic items/Cell phones/laptop/tablet, provided
above, as our time series data,
a) Using the moving average of two period forecast the spending on this item for Semesters
6 and 8(0.5 pt)
b) Using simple exponential smoothing method and w=0.60, forecast the spending for this
item in Semesters 6 and 8(1 pt)
c) Using double exponential smoothing method and w=0.60,\upsilon =0.2, forecast the spending
for this item in Semesters 6 and 8(2 pts)

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