STAT TECH IN BUSINESS & ECON LL\AC
STAT TECH IN BUSINESS & ECON LL\AC
18th Edition
ISBN: 9781264720545
Author: Lind
Publisher: MCG
Question
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Chapter 18, Problem 28CE

a.

To determine

To draw: The graph of the given time series data.

b.

To determine

To calculate: Three period moving average for the given time series data and MAD.

c.

To determine

To calculate: Six period moving average for the given time series data and MAD.

d.

To determine

To calculate: The forecast demand for period 17 for three period moving average and six period moving average.

e.

To determine

To state: The model to be chosen to make forecast.

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Business Discuss
Could you please answer this question using excel. For 1a) I got 84.75 and for part 1b) I got 85.33 and was wondering if you could check if my answers were correct. Thanks
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