3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search D W E S D 55 LL F L3 W NEW B N M (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Time Series 3-Month Moving Month Value Average Forecast 4-Month Moving Average Forecast 1 9.5 2 9.3 3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. شما O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search L③ NEW W E X F M

3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search D W E S D 55 LL F L3 W NEW B N M (b) Develop three-month and four-month moving averages for this time series. (Round your answers to two decimal places.) Time Series 3-Month Moving Month Value Average Forecast 4-Month Moving Average Forecast 1 9.5 2 9.3 3 9.4 4 9.7 5 9.9 6 9.8 7 9.8 8 10.6 9 10.0 10 9.8 11 9.7 12 9.7 Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain. شما O The four-month moving average provides more accurate forecasts, because its MSE is smaller than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is smaller than that of the four-month moving average. O The four-month moving average provides more accurate forecasts, because its MSE is larger than that of the three-month moving average. O The three-month moving average provides more accurate forecasts, because its MSE is larger than that of the four-month moving average. (c) Using the more accurate approach, what is the moving average forecast for the next month? (Round your answer to two decimal places.) Type here to search L③ NEW W E X F M

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter11: Data Analysis And Displays

Section11.4: Two-ways Tables

Problem 12E

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