A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develon three ceried four-period moving average forecasts and answer the following questions. X Open spreadsheet Questions 1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places. 2. What is the MSE for the three-period moving average? Round your answer to two decimal places. 3. Choose the correct graph for the three-period moving average forecast. The correct graph i graph A graph B 100- graph C Three-Period Moving Average Forecaat graph D 95 90 A. 85- 804 Time Period 10 11 12 13 14 Observation Three-Period Moving Average Forecaat 100- Next
A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develon three ceried four-period moving average forecasts and answer the following questions. X Open spreadsheet Questions 1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places. 2. What is the MSE for the three-period moving average? Round your answer to two decimal places. 3. Choose the correct graph for the three-period moving average forecast. The correct graph i graph A graph B 100- graph C Three-Period Moving Average Forecaat graph D 95 90 A. 85- 804 Time Period 10 11 12 13 14 Observation Three-Period Moving Average Forecaat 100- Next
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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Transcribed Image Text:MINDTAP
Activity: Moving Average
A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop three-period and
four-period moving average forecasts and answer the following questions.
X
Open spreadsheet
Questions
1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places.
2. What is the MSE for the three-period moving average? Round your answer to two decimal places.
3. Choose the correct graph for the three-period moving average forecast.
The correct graph
graph A
graph B
graph C
Three-Period Moving Average Forecast
100-
graph D
95
90-
85
80
Time Period
11
12 13 14
10
Three-Period Moving Average Forecast
100
Observation
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