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Exhibit 14-3 the Quarterly Numbers of Applications for Home Mortgage Loans at Loans

Question 15

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Exhibit 14-3
The quarterly numbers of applications for home mortgage loans at a branch office of a large bank are recorded in the table below.
-Refer to Exhibit 14-3. Use a moving average model to forecast these data, requesting 4 quarters of future forecasts. Use a span of 4 quarters.

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