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The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 Year Forecast 2 9 Year Forecast 3 4 4 4 7 5 5 13 This exercise contains only parts b, c, and d. b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place). 6 7 4 5 6.3 6.6 8 9 10 11 12 9 10.6 10.6 11 10.6 8.6 8 6 6 7 7 7 12 c) Using the 3-year weighted moving average with weights 0.10, 0.30, and 0.60, using 0.60 for the most recent period, provide the forecast from periods 4 through 12 (round your responses to two decimal places). 8 8 13 9 8 9 10 11 10 11 11 7 12 D

The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 Year Forecast 2 9 Year Forecast 3 4 4 4 7 5 5 13 This exercise contains only parts b, c, and d. b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place). 6 7 4 5 6.3 6.6 8 9 10 11 12 9 10.6 10.6 11 10.6 8.6 8 6 6 7 7 7 12 c) Using the 3-year weighted moving average with weights 0.10, 0.30, and 0.60, using 0.60 for the most recent period, provide the forecast from periods 4 through 12 (round your responses to two decimal places). 8 8 13 9 8 9 10 11 10 11 11 7 12 D

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....
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The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 Year Forecast 2 9 Year Forecast 3 4 4 5 6.3 6.6 4 4 7 This exercise contains only parts b, c, and d. b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place). 8 9 10 11 12 10.6 10.6 11 10.6 8.6 5 6 8 5 13 6 7 9 6 7 c) Using the 3-year weighted moving average with weights 0.10, 0.30, and 0.60, using 0.60 for the most recent period, provide the forecast from periods 4 through 12 (round your responses to two decimal places). 7 7 8 12 13 8 9 8 9 10 10 11 11 11 7 12
Transcribed Image Text:The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 Year Forecast 2 9 Year Forecast 3 4 4 5 6.3 6.6 4 4 7 This exercise contains only parts b, c, and d. b) Using the 3-year moving average, provide the forecast from periods 4 through 12 (round your responses to one decimal place). 8 9 10 11 12 10.6 10.6 11 10.6 8.6 5 6 8 5 13 6 7 9 6 7 c) Using the 3-year weighted moving average with weights 0.10, 0.30, and 0.60, using 0.60 for the most recent period, provide the forecast from periods 4 through 12 (round your responses to two decimal places). 7 7 8 12 13 8 9 8 9 10 10 11 11 11 7 12
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