Essay
State Division of Motor Vehicles DMV) statistics show the rate of new driver's license applications to be as shown below:
a. Using a 3-week moving average, what is the forecast for the first week in April?
b. Using a 5-week moving average, what is the forecast for the first week in April?
Correct Answer:

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a. FApril, (1) = (211 + 196 + ...View Answer
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