Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek. appointments. He has gathered the following data: Week 6 Weeks ago 5 Weeks ago 4 Weeks ago 3 Weeks ago 2 Weeks ago Last Week What is this week's forecast using a three-week simple moving average? #Students 83 110 95 80 65 50

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek
appointments. He has gathered the following data:
Week
6 Weeks ago
5 Weeks ago
4 Weeks ago
3 Weeks ago
2 Weeks ago
Last Week
What is this week's forecast using a three-week simple moving average?
Multiple Choice
78
#Students
83
110
95
80
65
50
Transcribed Image Text:s Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data: Week 6 Weeks ago 5 Weeks ago 4 Weeks ago 3 Weeks ago 2 Weeks ago Last Week What is this week's forecast using a three-week simple moving average? Multiple Choice 78 #Students 83 110 95 80 65 50
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