Question: Using the average price spent on Electronic items/Cell phones/laptop/tablet, provided above, as our time series data: a) Forecast the spending on this item for Semesters

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

a) Forecast the spending on this item for Semesters 6 and 8, by using the moving average of two period.

Quantity of items Average Price of each item ($) t Semester 2 t Semester 1 2 3 S1 7 S1 $70 $35 $200 S2 S2 $100 $50 $500 S3 I HOWNOW aUAWNE S3 IVIANOW $60 $80 $400 S4 10 aUAWN $4 $80 $40 $300 $5 $5 $120 $50 $900 S6 S6

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