State Division of Motor Vehicles (DMV) Statistics Show the RateAUsing a Three-Week Moving Average, What Is the Forecast for of New

The Answer is The forecast for the next period (t + 1) is denoted as F t+1 = (A t + A t-1 + A t-2 + … A t-k+1 )/k.a.F(April, 1) = (211 + 196 + 206)/3 = 613/3 = 204.33 b.F(April, 1) = (207 + 211 + 196 + 206)/4 = 820/4 = 205

State Division of Motor Vehicles (DMV) Statistics Show the RateAUsing a Three-Week Moving Average, What Is the Forecast for of New

The Answer is The forecast for the next period (t + 1) is denoted as F t+1 = (A t + A t-1 + A t-2 + … A t-k+1 )/k.a.F(April, 1) = (211 + 196 + 206)/3 = 613/3 = 204.33 b.F(April, 1) = (207 + 211 + 196 + 206)/4 = 820/4 = 205

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State Division of Motor Vehicles (DMV) Statistics Show the Rate

Question 2

Essay

State Division of Motor Vehicles (DMV) statistics show the rate of new driver's license applications as shown below:
$\begin{array}{|l|c|c|}\hline \text { Month } & \text { Week } & \text { Applications } \\\hline \text { March } & 1 & 207 \\\hline & 2 & 211 \\\hline & 3 & 196 \\\hline & 4 & 206 \\\hline \text { Apri1 } & 1 & 238 \\\hline & 2 & 199 \\\hline & 3 & 215 \\\hline & 4 & 212 \\\hline\end{array}$
a.Using a three-week moving average, what is the forecast for the first week in April?
b.Using a four-week moving average, what is the forecast for the first week in April?

State Division of Motor Vehicles (DMV) Statistics Show the Rate

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