(a) Make a line chart and fit an m-period moving average to the exchange rate data shown above with m = 2, 3, 4, and 5 periods. For each method, state the last MA value. (Round your answers to 4 decimal places.)   m-period Next period forecast 2       3       4       5

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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t Date Rate
1 1-Apr-04 1.8564
2 2-Apr-04 1.8293
3 5-Apr-04 1.8140
4 6-Apr-04 1.8374
5 7-Apr-04 1.8410
6 8-Apr-04 1.8325
7 9-Apr-04 1.8322
8 12-Apr-04 1.8358
9 13-Apr-04 1.8160
10 14-Apr-04 1.7902
11 15-Apr-04 1.7785
12 16-Apr-04 1.8004
13 19-Apr-04 1.8055
14 20-Apr-04 1.7914
15 21-Apr-04 1.7720
16 22-Apr-04 1.7684
17 23-Apr-04 1.7674
18 26-Apr-04 1.7857
19 27-Apr-04 1.7925
20 28-Apr-04 1.7720
21 29-Apr-04 1.7751
22 30-Apr-04 1.7744
23 3-May-04 1.7720
24 4-May-04 1.7907
25 5-May-04 1.7932
26 6-May-04 1.7941
27 7-May-04 1.7842
28 10-May-04 1.7723
29 11-May-04 1.7544
30 12-May-04 1.7743
31 13-May-04 1.7584
32 14-May-04 1.7572
33 17-May-04 1.7695
34 18-May-04 1.7695
35 19-May-04 1.7827
36 20-May-04 1.7710
37 21-May-04 1.7880
38 24-May-04 1.7908
39 25-May-04 1.8135
40 26-May-04 1.8142
41 27-May-04 1.8369
42 28-May-04 1.8330

 

(a) Make a line chart and fit an m-period moving average to the exchange rate data shown above with m = 2, 3, 4, and 5 periods. For each method, state the last MA value. (Round your answers to 4 decimal places.)
 

m-period Next period forecast
2      
3      
4      
5      
 
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