Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows: Month January February Price Per Chip $1.80 $1.66 $1.77 $1.87 March April This exercise contains only parts a, b, and c. a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). Month Forecast Mar Apr

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Practice 19. Please show solution

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were
as follows:
Month
January
February
March
April
This exercise contains only parts a, b, and c.
a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two
decimal places).
Price Per Chip
$1.80
$1.66
Month
Forecast
Mar
$
$1.77
$1.87
Apr
S
Transcribed Image Text:Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows: Month January February March April This exercise contains only parts a, b, and c. a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). Price Per Chip $1.80 $1.66 Month Forecast Mar $ $1.77 $1.87 Apr S
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