The actual values for 12 periods (shown in order) are: (1) 45 (2) 52 (3) 48 (4)...

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Question

The actual values for 12 periods (shown in order) are: (1) 45 (2) 52 (3) 48 (4)...

The actual values for 12 periods (shown in order) are:

(1) 45 (2) 52 (3) 48 (4) 59 (5) 55 (6) 54 (7) 64 (8) 59 (9) 72 (10) 66 (11) 67 (12) 78

Using a 5 period simple moving average, the forecast for period 13 will be:

math Statistics-And-Probability

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Answer 1

Answer #1

Forecast for period 13 will be: = (59+72+66+67+78)/5

= 342/5

= 68.4

So, forecast for period 13 will be 68.4

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Answer 2

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