Question: There are three problems: parts 39 to 47. Read each part of each problem carefully and answer exactly what is asked. For each of the

There are three problems: parts 39 to 47. Read each part of each problem carefully and answer exactly what is asked. For each of the following, there are flue (5) posslble responses labeled "a" through "e." For each llem, mark the letter of your choice which best answers that item. 39. Monthly income in thousands of dollars (\$K) at the Acme Law Firm for the 13-month period from January to February of the next year is You have made four different income forecasts for next February. Using MaD as the criterion, which forecast method is the most accurate? a. Naive. b. 3-morith simple moving average. c. Simple exponential smoothing with +=0.90. d. Regression. 6. Indelermintate. QUESTION 47 Of all the forecasts that you heve calculated, what is the best forecant value for morithly noome for next Februar)? (in units of 5K, round io two (2) decimal placet) a. $75.50K b. $78.85K c. $76.55K d. $75.65K e. $75.67K

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