Data on personal consumption expenditures in the United States are shown in the table below. Date...

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Data on personal consumption expenditures in the United States are shown in the table below. Date...

Data on personal consumption expenditures in the United States are shown in the table below.

Date	Expenditures
May	11,605
June	12,620
July	12,738
August	12,814

Using the weights w₁ = 0.70 for the oldest period, w₂ = 0.20 for the next oldest period, and w₃ = 0.10 for the most recent period, construct a weighted moving average forecast of order k = 3 (i.e., a WMA(3)) for September to the nearest whole number.

math Statistics-And-Probability

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Answer #1

a a weighted moving average forecast of order k = 3 is==for most recent period is

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Data on personal consumption expenditures in the United States are shown in the table below. Date...

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