Question: Required: a) Use a 2month moving average on all the data and plot the averages and the prices. h] Use a 3-month moving average and

 Required: a) Use a 2month moving average on all the data

Required: a) Use a 2month moving average on all the data and plot the averages and the prices. h] Use a 3-month moving average and add the 3month plot to the graph created in part (E)- e) 1Whieh is better (using the mean ahsohrte deviation): the 2month average or the 3 month average? d} Compute the forecasts for each month using exponential smoothing, with an initial forecast for .Taaniarj,r of $1 .333. Use {1 = ELL then at = [[3, and nallyr o. = [1-5. Using Elf-1D: which o. is the best

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!