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Daily Spot Exchange Rate, U.s. Dollars per Pound Sterling Date Rate Date Rate Date Rate 1-Apr-04 1.8664 13-Apr-04 1.8260 1.7674 23-Apr-84 26-Apr-04 27-Apr-84 28-Apr-04 29-Apr-84 38-Apr-04 3-May-84 4-May-04 21-May-84 24-May-84 25- May-04 26-May-04 27-May-04 28-May-04 2-Apr-e4 5-Apr-04 1.8393 14-Apr-84 1.77e2 1.7857 1.8140 15-Apr-04 1.7785 1.7925 6-Apr-84 1.8474 16-Apr-04 1.8104 1.7720 1.7856 7-Apr-84 8-Apr-84 9-Apr-04 12-Apr-04 5-May-84 6-May-04 7-May-84 10-May-04 11-May-84 12-May-84 1.8410 19-Apr-04 1.8ess 1.8425 20-Apr-84 1.7916 1.7844 1.8322 21-Apr-04 1.7620 1.7720 1.8458 22-Apr-04 1.7684 1.7607 13-May-04 14-May-04 17-May-04 18-May-04 19-Мay-84 20-May-84 1.7732 1.7554 1.788e 1.7841 1.7592 1.7908 1.7942 1.7595 1.8635 1.7823 1.7795 1.8342 1.7644 1.7827 1.8769 1.7743 1.7610 1.8530 Click here for the Excel Data File (a) Make a line chart and fit an m-perlod 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.) Next period forecast m-period (b) Which value of m do you prefer? The preferred m value is (Click to select) ♥. This value of mUsing this allows one to forecast the weekly or monthly trends [Click to select)* dally fluctuations. Joverreacting to (c) Is a moving average appropriate for this kind of data? LIGlick to select) a moving average is rClick to select) Y

Daily Spot Exchange Rate, U.s. Dollars per Pound Sterling Date Rate Date Rate Date Rate 1-Apr-04 1.8664 13-Apr-04 1.8260 1.7674 23-Apr-84 26-Apr-04 27-Apr-84 28-Apr-04 29-Apr-84 38-Apr-04 3-May-84 4-May-04 21-May-84 24-May-84 25- May-04 26-May-04 27-May-04 28-May-04 2-Apr-e4 5-Apr-04 1.8393 14-Apr-84 1.77e2 1.7857 1.8140 15-Apr-04 1.7785 1.7925 6-Apr-84 1.8474 16-Apr-04 1.8104 1.7720 1.7856 7-Apr-84 8-Apr-84 9-Apr-04 12-Apr-04 5-May-84 6-May-04 7-May-84 10-May-04 11-May-84 12-May-84 1.8410 19-Apr-04 1.8ess 1.8425 20-Apr-84 1.7916 1.7844 1.8322 21-Apr-04 1.7620 1.7720 1.8458 22-Apr-04 1.7684 1.7607 13-May-04 14-May-04 17-May-04 18-May-04 19-Мay-84 20-May-84 1.7732 1.7554 1.788e 1.7841 1.7592 1.7908 1.7942 1.7595 1.8635 1.7823 1.7795 1.8342 1.7644 1.7827 1.8769 1.7743 1.7610 1.8530 Click here for the Excel Data File (a) Make a line chart and fit an m-perlod 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.) Next period forecast m-period (b) Which value of m do you prefer? The preferred m value is (Click to select) ♥. This value of mUsing this allows one to forecast the weekly or monthly trends [Click to select)* dally fluctuations. Joverreacting to (c) Is a moving average appropriate for this kind of data? LIGlick to select) a moving average is rClick to select) Y

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 77E
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Daily Spot Exchange Rate, U.S. Dollars per Pound Sterling Date Rate Date Rate Date Rate 1-Apr-04 2-Apr-04 5-Apr-04 1.8664 13-Apr-84 1.8260 23-Apr-04 1.7674 1.8393 1.7702 1.7857 14-Apr-04 15-Apr-04 16-Apr-04 19-Apr-04 26-Apr-04 27-Apr-84 28-Аpг-84 29-Apr-84 30-Apr-84 1.8140 1.7785 1.7925 1.8104 1.7720 6-Apr-04 7-Apr-04 8-Apr-04 9-Apr-04 12-Apr-84 5-May -04 1.8474 1.8410 1.8055 1.7856 1.8425 1.7844 20-Apr-04 21-Apr-04 22-Apr-04 13-May-04 14-May-04 17-May-04 1.7916 3-May -04 4-May-04 21-May-84 24-May-04 25-May-04 26-May-84 1.8322 1.7620 1.7720 1.8458 1.7684 1.7607 1.7732 1.7554 1.7880 6-May-04 1.7841 1.7592 1.7908 7-May-04 1.7942 1.7595 1.8635 18-May-84 1.7823 1.7795 18-May-04 19-Мay-84 20-May-04 1.8342 11-May-84 1.7644 1.7827 27-May-04 1.8769 12-May-84 1.7743 1.7610 28-May -84 1.8530 Click here for the Excel Data File (e) Make a line chart and fit an mperlod moving average to the exchange rate data shown above with m= 2, 3, 4, and 5 perlods. For each method, state the last MA value. (Round your answers to 4 decimal places.) m-period Next period forecast 2 4 (b) Which value of m do you prefer? The preferred mvalue is (Click to select) v. This value of mUsing this allows one to forecast the weekly or monthly trends Click to select) v overreacting to dally fluctuatlons. (c) Is a moving average appropriate for this kind of data? (Click to select) v a moving average is (Click to select) v
Transcribed Image Text:Daily Spot Exchange Rate, U.S. Dollars per Pound Sterling Date Rate Date Rate Date Rate 1-Apr-04 2-Apr-04 5-Apr-04 1.8664 13-Apr-84 1.8260 23-Apr-04 1.7674 1.8393 1.7702 1.7857 14-Apr-04 15-Apr-04 16-Apr-04 19-Apr-04 26-Apr-04 27-Apr-84 28-Аpг-84 29-Apr-84 30-Apr-84 1.8140 1.7785 1.7925 1.8104 1.7720 6-Apr-04 7-Apr-04 8-Apr-04 9-Apr-04 12-Apr-84 5-May -04 1.8474 1.8410 1.8055 1.7856 1.8425 1.7844 20-Apr-04 21-Apr-04 22-Apr-04 13-May-04 14-May-04 17-May-04 1.7916 3-May -04 4-May-04 21-May-84 24-May-04 25-May-04 26-May-84 1.8322 1.7620 1.7720 1.8458 1.7684 1.7607 1.7732 1.7554 1.7880 6-May-04 1.7841 1.7592 1.7908 7-May-04 1.7942 1.7595 1.8635 18-May-84 1.7823 1.7795 18-May-04 19-Мay-84 20-May-04 1.8342 11-May-84 1.7644 1.7827 27-May-04 1.8769 12-May-84 1.7743 1.7610 28-May -84 1.8530 Click here for the Excel Data File (e) Make a line chart and fit an mperlod moving average to the exchange rate data shown above with m= 2, 3, 4, and 5 perlods. For each method, state the last MA value. (Round your answers to 4 decimal places.) m-period Next period forecast 2 4 (b) Which value of m do you prefer? The preferred mvalue is (Click to select) v. This value of mUsing this allows one to forecast the weekly or monthly trends Click to select) v overreacting to dally fluctuatlons. (c) Is a moving average appropriate for this kind of data? (Click to select) v a moving average is (Click to select) v
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