Question: The following data show the average prices for a 32-inch LCD television over a six-year period based on fourth-quarter results. Complete parts a through e

The following data show the average prices for a 32-inch LCD television over a six-year period based on fourth-quarter results. Complete parts a through e below. Year 2005 2006 2007 2008 2009 2010 Price $1522 $871 $722 $552 $523 $350 a) Forecast the average price of a 32-inch LCD television during the fourth quarter of 2011 using a two-period simple moving average. The forecasted average price of a 32-inch LCD television during the fourth quarter of 2011 using a two-period simple moving average is $ (Round to the nearest dollar as needed.)

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