Essay
The following data represents the home mortgage loan interest rates at a local bank over an eight-month period:
a.What is the forecast for month 8 using a moving average model with an AP = 4?
b.What is the forecast for month 9 using a moving average model with an AP = 6?
Correct Answer:
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a.F(Day 8) = (8.8 + 8.4 + 8.6 ...View Answer
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