b) When a three-month weighted moving average (W=0.5, W2 = 0.3, and W3 = 0.2) is used, what is the forecast on the sales in May. (Hint: Ft+1= W,Yt+ W2Y (t- 1 + W3Y (t-2) (round to whole number)

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter10: Quadratic Equations
Section10.5: Graphing Quadratic Equations
Problem 212E: For the revenue model in Exercise 10.206 and Exercise 10.210, explain what the x-intercepts mean to...
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3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based
the time series data.
Month
Time Series Value Yt
January
120
February
135
March
150
April
175
Transcribed Image Text:3. Below you are given the first four values of a monthly time series of sales. You want to predict the sales of May based the time series data. Month Time Series Value Yt January 120 February 135 March 150 April 175
b) When a three-month weighted moving average (W1=0.5, W2 = 0.3, and W3 = 0.2) is used, what is the forecast on the sales in May. (Hint: Ft+1= W1Yt+ W2Y (t- 1)+ W3Y (t-2) )(round to whole number)
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
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Transcribed Image Text:b) When a three-month weighted moving average (W1=0.5, W2 = 0.3, and W3 = 0.2) is used, what is the forecast on the sales in May. (Hint: Ft+1= W1Yt+ W2Y (t- 1)+ W3Y (t-2) )(round to whole number) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt I A .E.
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